How Are Acquisitions Good for Society

question 33

Multiple Choice

How are acquisitions good for society?

• A) Acquisitions eliminate barriers to entry.
• B) Acquisitions require little government oversight.
• C) An acquiring company may improve the efficiency of an acquired company.
• D) An industry may become less competitive after an acquisition.
• E) The acquisition may result in higher costs, leading to higher prices for consumers.

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Definitions:

Gender Specific

aspects, behaviors, or attributes that are distinctly associated with a particular sex.

Abstraction Categories

Classifications used to group concepts, objects, or ideas on the basis of shared properties or characteristics, often to simplify understanding and communication.

Superordinate Level

The highest, most general level of abstraction in categorization that groups together similar concepts or objects based on common attributes.

Basic Level

Represents the most general category at which objects are commonly identified, balancing the maximum differentiation from other categories with the highest within-category similarity.