What is consolidation and what motivates it?
What will be an ideal response?
Consolidation is the combining of competitors through merger or acquisition. Consolidation is often motivated by
the twofold objectives of exploiting economies of scale and increasing market power.
You might also like to view...
Firms that decide against international expansion to play it safe ________
A) protect themselves from competition at home B) gain a competitive edge against imports in their home markets C) successfully shield themselves from foreign competition D) risk losing their home markets E) increase their chances of entering other markets
The major problem addressed by the warehouse layout strategy is:
A) minimizing difficulties caused by material flow varying with each product. B) requiring frequent close contact between forklift drivers and item pickers. C) addressing trade-offs between space and material handling. D) balancing product flow from one work station to the next. E) locating the docks near a convenient access point to the closest highway.