Corporate Takeovers and the Financial Defenses Erected Against Them Have

question 4

Multiple Choice

Corporate takeovers and the financial defenses erected against them have resulted in each of the following except

• A)diverting tens of billions of dollars a year from investment in plant and equipment.
• B)putting billions of additional dollars into research and development.
• C)forcing corporate officers to focus on short-term profitability rather than on long-term growth.
• D)placing corporations in very precarious financial straits by taking on mountains of debt.