Companies MOST often resort to mergers and acquisitions when they want to expand their markets and product lines because ________
A) it minimizes conflicts that are rooted on hidden agendas and power struggles
B) it minimizes time and investment to research and develop new products
C) upper management prefers to concentrate on day-to-day activities
D) employees are motivated to work harder because of the resulting stability
E) more than 70 percent of all mergers exceed financial expectations
B
Explanation: B) In order to remain competitive, companies must expand quickly. As a result, mergers and acquisitions provide the best option for companies looking to develop new products and expand their markets quickly and efficiently. Some of the risks involved in mergers and acquisitions include reduced morale and motivation of employees resulting from a sense of instability, which can increase turnover. Also, the focus may, in error, be entirely on the process of the merger or acquisition resulting in a neglect of the day-to-day activities.
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Drew Savage is an MIS manager for an international consulting firm. Drew travels to different European countries where he implements news response tracking systems. Some of the metrics he uses to track the performance of his system include tracking the response time it takes to respond to Twitter posts mentioning the news station, as well as the speed and accuracy of content posted on numerous websites and social media sites. What type of metrics is Drew using to measure his system?
A. Customer satisfaction metrics B. Efficiency metrics C. Effectiveness metrics D. Benchmarking metrics
The MNE that aims to control the transfer of its unique core competencies overseas usually prefers an ethnocentric staffing policy
Indicate whether the statement is true or false