Question: ABC, Inc. is considering diversifying into a new industry. However, they currently do not have enough cash on hand to make an acquisition nor do
ABC, Inc. is considering diversifying into a new industry. However, they currently do not have enough cash on hand to make an acquisition nor do they have the human capital to do so through internal mechanisms. A good alternative for ABC, Inc. would be to ______. Question 8 options: Attempt a hostile takeover of a firm currently competing within the new industry. Form a strategic alliance with a firm currently competing within the industry. Fire the majority of current employees and hire new employees. Take on a substantial amount of debt to hire enough new employees to diversify through internal means
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