An Acquisition Is a Transaction in Which a Firm Buys

question 37

True/False

An acquisition is a transaction in which a firm buys another firm with the intention of creating value by buying and selling the acquired firm's assets in the external markets.

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Definitions:

Strategy Formulation

The method of determining the course of an organization and deciding on the distribution of its resources to follow that plan.

Strategy Implementation

The action phase of strategic management, involving the execution of planned strategies to achieve organizational objectives.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.