Which of the Following Statements Is Most CORRECT

question 6

Multiple Choice

Which of the following statements is most CORRECT?

• A) The high value of the U.S.dollar relative to Japanese and European currencies in the 1980s,made U.S.companies comparatively inexpensive to foreign buyers,spurring many mergers.
• B) During the 1980s,the Reagan and Bush administrations tried to foster greater competition and they were adamant about preventing the loss of competition;thus,most large mergers were disallowed.
• C) The expansion of the junk bond market made debt more freely available for large acquisitions and LBOs in the 1980s,and thus,it resulted in an increased level of merger activity.
• D) Increased nationalization of business and a desire to scale down and focus on producing in one's home country has virtually halted cross-border mergers today.
• E) Because strategic alliances and joint ventures are easy to form and enable firms to compete better in the global economy than would mergers,merger activity has virtually come to a halt in the 21st century.

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Definitions:

Sales Forecast

An estimation of the revenue a company expects to generate within a specific time frame, based on historical data, market analysis, and other factors.

Units

In business, refers to the individual items or a standardized measurement of quantity that can be counted to assess inventory, production, or sales.

Product

A good, idea, method, information, service, or object created as a result of a process and serves a need or satisfies a want.

Domestically Produced

Goods manufactured or produced within a country's borders, as opposed to imported from another country.