Nick and Lucy, owners of two hair salons, have combined their resources to form a new company called Nick & Lucy's Hair. Which of the following strategies would this represent? Oa combination Ob retrenchment Oc acquistion Od merger

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
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Nick and Lucy, owners of two hair salons, have combined their resources to form a new company called Nick & Lucy's Hair. Which of the
following strategies would this represent?
Oa combination
Ob retrenchment
Oc acquistion
Od merger
Transcribed Image Text:Nick and Lucy, owners of two hair salons, have combined their resources to form a new company called Nick & Lucy's Hair. Which of the following strategies would this represent? Oa combination Ob retrenchment Oc acquistion Od merger
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