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19 July, 10:28

As the hotel industry matures, corporations are either acquiring or merging with each other. This is: A. Safety and security B. Consolidation C. Capacity control D. Diversification

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  1. 19 July, 11:28
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    B. Consolidation

    Explanation:

    Consolidation (or amalgamation), in a bussines context, is when different companies combine to form a larger organization in order to improve their efficiency, long-term cost savings and a concentration of market share.

    I hope you find this information useful and interesting! Good luck!
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Home » Business » As the hotel industry matures, corporations are either acquiring or merging with each other. This is: A. Safety and security B. Consolidation C. Capacity control D. Diversification
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