Which of the Following Encouraged Firms to Develop Through Internal

question 17

Multiple Choice

Which of the following encouraged firms to develop through internal R&D rather than through M&A in the 20ᵗʰ century?

• A)Lower wage costs for internal labor compared to merged or acquired labor
• B)Faster results obtained with R&D
• C)Federal antitrust policies
• D)Lack of financial capital to engage in M&A
• E)High transactions costs associated with M&A activity.

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Definitions:

Existing Schemas

Preexisting mental structures or frameworks that help individuals organize and interpret information.

Developmental Changes

The transformation or evolution of physical, cognitive, psychological, and social capabilities and functioning over the course of a person's lifetime.

Sensorimotor Stage

A stage in Piaget's theory of cognitive development, occurring from birth to about 2 years of age, where infants learn about the world through their senses and motor actions.

Piaget's Stage

Refers to one of the developmental phases in Piaget's theory of cognitive development, highlighting key milestones in a child's learning and understanding.