Question

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

Answer 1

B. Consolidation

Step-by-step 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.

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