Which of the following can create a tightly integrated operation without disrupting the original companies?
A) proxy takeovers
B) strategic alliances
C) mergers
D) joint ventures
E) acquisitions
Answer: D
Explanation: A joint venture lets companies create an operation that is more tightly integrated than a strategic alliance but without disrupting the original companies to the extent that a merger or acquisition does. In fact, after the spotty record of mergers and acquisitions in recent years, more companies are now considering joint ventures as a more attractive way to collaborate.
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