When Using Mergers and Acquisitions as Substitutes for Research and Development

question 190

Multiple Choice

When using mergers and acquisitions as substitutes for research and development, the objectives include ________.

• A) short-cut innovation by buying it from small companies
• B) synergy of similar but expanded product lines or geographic markets
• C) eliminating capacity, gaining market share, and increasing efficiency
• D) anticipation of new industry emerging and culling resources from firms in multiple industries whose boundaries are eroding

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.