The Fastest and Easiest Way for a Firm to Diversity

question 73

Multiple Choice

The fastest and easiest way for a firm to diversity its portfolio of businesses is through acquisition because:

• A) of barriers to entry in many industries.
• B) it is difficult and time intensive for companies to develop products that differ from their current product line.
• C) innovation in both the acquired and the acquiring firm is enhanced by the exchange of competencies resulting from acquisition.
• D) unrelated acquisitions are usually uncomplicated because the acquired firm is allowed to continue to function independently as it did before acquisition.

Learn the significance of market competition and how it influences factor markets and prices.

Understand how the fixed supply of certain resources affects their returns and pricing.

Grasp the importance of economic profit, pure rent, and market equilibrium in the analysis of factor markets.

Understand the relationship between labor productivity and the labor demand curve.

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Definitions:

Navigate

To move or travel through different parts of a software application, document, or dataset.

Calendar Picker

An interface control that allows users to select dates through a visual calendar display, often used in forms for inputting date information.

Date/Time Field

A database or form field designated for storing dates and/or times, often allowing for operations like sorting and filtering based on time.

Lookup Wizard

A feature in database and spreadsheet software that helps users create a lookup field to find matching values in a table or range.