Question: One important task for entrepreneurs is planning an exit strategy - - what to do when the business grows and becomes successful. The CEO of
One important task for entrepreneurs is planning an exit strategy what to do when the
business grows and becomes successful. The CEO of Stonyfield Farms, maker of organic
yogurt, used which of the following strategies to expand his goal of improving the quality of
the food market?
Merged with another similar firm, in order to grow more quickly
Attracted a large, multinational food producer to buy out his firm, in order to change the industry
'from within'.
Sold to a venture capital VC firm specializing in the food industry
Did a successful IPO initial public offering to get capital to expand.
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