Question

Mars Inc., an oil and gas incorporation, opened its first unique service station in Mexico. The service station consisted of pumping islands, convenience stores, and separate food courts. Owing to the station's success, the company opened more than 300 service stations worldwide. Identify the offensive strategic goal that can explain why Mars expanded its services globally. Group of answer choices To increase long-term growth and profit prospects To prevent global consolidation To preempt competitors' from opening similar stores To avoid being locked out of markets by arriving too late

Answer 1

Answer: To increase long-term growth and profit prospects

Step-by-step explanation:

The company saw that the unique service station was a success which meant that it brought in profits. They therefore applied the business model to other places so that they could make profits from there as well.

This will increase the long-term growth of the company as well as profit prospects because there will now be a chance of making the same profits as they did from the first station but this time, from 300 stations. The increased market presence coupled with the services they offer, makes for huge growth and profit prospects.