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Lululemon's strategy to acquire Mirror, the home exercise startup, for $500 million in June 2020 was primarily intended to Question 22 options: lead the convergence

Lululemon's strategy to acquire Mirror, the home exercise startup, for $500 million in June 2020 was primarily intended to Question 22 options: lead the convergence of industries whose boundaries were being blurred by changing technologies and new market opportunities. create a more cost-efficient operation out of the combined companies. expand Lululemon's geographic coverage. facilitate a company's shift from a broad differentiation strategy to a focused differentiation strategy. take advantage of Mirror's blue-ocean strategy

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