The Main Reason Behind Google's Decision to Acquire the Israeli

question 56

Multiple Choice

The main reason behind Google's decision to acquire the Israeli start-up company Waze for $1 billion was to

• A) preempt its competitors from buying Waze.
• B) share its capabilities with Waze.
• C) support start-up companies with venture capital.
• D) gain access to technology that is alien to it.

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Definitions:

TC

An abbreviation commonly used for Total Cost, which encompasses all costs incurred in the production of goods or services.

Scale Of Operation

Refers to the size at which a particular business or factory operates, considering factors like output, capacity, or the amount of work it can perform.

Average Variable Cost

The total variable cost divided by the quantity of output produced, representing the cost of producing one additional unit of goods.

Shutdown Point

The level of output and price at which a firm's revenue just covers its variable costs, below which it would be better for the firm to cease operations.