Which of the Following Best Describes a Core Idea Behind

question 31

Multiple Choice

Which of the following best describes a core idea behind the informal institution-based view regarding alliances and acquisitions?

• A) It is best not to jump on the alliance and acquisition bandwagon.
• B) Alliances should be made with caution so that firms do not share important secrets.
• C) Firms often follow one another, so if competitors begin aggressively seeking targets for alliances and acquisitions, then it is best to follow suit.
• D) Firms copy one another naturally as a strategy to enhance their legitimacy, so alliances and acquisitions are a low-cost way of gaining this.

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Definitions:

Puritan Authorities

The leaders and officials within Puritan communities, especially in the 17th century, who enforced strict religious and social codes of conduct.

Massachusetts Bay Colony

A 17th-century British settlement in New England that became one of the early centers of the colony's government, trade, and religion.

Puritan Migrations

This term refers to the movement of English Puritans to North America, particularly to the Massachusetts Bay Colony, in the early 17th century to escape religious persecution.

Connecticut Valley

A major valley in the U.S. known for its fertile land, running through Connecticut and Massachusetts.