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.
 One important task for entrepreneurs is planning an exit strategy --

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!