Companies are very interested in acquiring other firms even when the latter operate in totally unrelated realms of business. For example, Coca-Cola has announced that it wants to puy China Huiyuan Juice Group in an effort to expand its activities in one of the world's fastest-growing beverage markets. Such acquisitions are claimed to "work miracles." However, given the volatility of the stock market and the slowing down of the business, many companies are not sure whether such acquisitions involve too much risk. At the same ime, they also wonder if they are missing out on a great business opportunity if they fail to take such a risk. Some research is needed here!
Companies are very interested in acquiring other firms even when the latter operate in totally unrelated realms of business. For example, Coca-Cola has announced that it wants to puy China Huiyuan Juice Group in an effort to expand its activities in one of the world's fastest-growing beverage markets. Such acquisitions are claimed to "work miracles." However, given the volatility of the stock market and the slowing down of the business, many companies are not sure whether such acquisitions involve too much risk. At the same ime, they also wonder if they are missing out on a great business opportunity if they fail to take such a risk. Some research is needed here!
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question

Transcribed Image Text:Given the situation beiow,
(a) Discuss with reasons, whether this situation falls into the category of Applied or Basic research,
(b) Explain with reasons who will conduct the research.
Companies are very interested in acquiring other firms even when the latter operate in totally unrelated realms of business. For example, Coca-Cola has announced that it wants to
buy China Huiyuan Juice Group in an effort to expand its activities in one of the world's fastest-growing beverage markets. Such acquisitions are claimed to "work miracles."
However, given the volatility of the stock market and the slowing down of the business, many companies are not sure whether such acquisitions involve too much risk. At the same
time, they also wonder if they are missing out on a great business opportunity if they fail to take such a risk. Some research is needed here!
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