Which of the Following Statements Is (Are)true

question 84

Multiple Choice

Which of the following statements is (are) true?

• A) The merger attempt between Staples and Office Depot was denied by the regulatory authorities because it likely would have resulted in an increase in price competition.
• B) The merger attempt between Staples and Office Depot was denied by the regulatory authorities because it likely would have resulted in a decrease in price competition.
• C) Horizontal mergers will lead to an increase in the number of competitors in an industry.
• D) Horizontal mergers will lead to a decrease in the number of competitors in an industry.
• E) Both (b)and (d)are true.

---

Definitions:

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony in the group results in an irrational or dysfunctional decision-making outcome.

Devil's Advocate

A person who takes a position they do not necessarily agree with for the sake of argument to explore and critically discuss a particular issue.

Group Leader

A person who takes charge in guiding, directing, and managing a team or group towards achieving collective goals and objectives.

Organizations

Entities comprising multiple individuals working together towards a common goal, structured and managed to meet a need or pursue collective goals.