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To position itself more strongly after the 2001 bursting of the Internet and tech stock bubble, Cisco Systems embarked on a(n) _____.

A. harvest strategy
B. acquisitions-led growth strategy
C. unrelated diversification strategy
D. exit strategy

asked
User Blackdog
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1 Answer

4 votes

Final answer:

After the 2001 tech bubble burst, Cisco Systems adopted an acquisitions-led growth strategy to strengthen its position by expanding its product portfolio and entering new markets through the purchase of other companies.

Step-by-step explanation:

To position itself more strongly after the 2001 bursting of the Internet and tech stock bubble, Cisco Systems embarked on a acquisitions-led growth strategy. This strategy involved buying other companies to expand Cisco's product portfolio, enter new markets, and acquire new technology and talent. Through this approach, Cisco was able to diversify its offerings and enhance its competitive edge in the technology sector.

answered
User Gary
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