Which of the following is NOT an example of external expansion? A) On

QUESTION

Which of the following is NOT an example of external expansion?

A) Only Natural bought out Amy’s Vitamins to expand into New York State.
B) Claude’s Remodeling was purchased by Jake’s Kitchen Kabinets for $1 million.
C) William’s Window Washers won the Empire State Building account.
D) Bart’s Sporting Goods and Swinging Bat Company merged to become Bart’s Bats.
E) Toni’s Cannolis bought the restaurant next door and is now Calzones and Cannolis.

ANSWER

Answer: C
Explanation: C) External expansion occurs when a company merges with or buys another company or companies. William’s Window Washers’ expansion is internal.