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The term “conglomerates” refers to firms using the _________…

The term “conglomerates” refers to firms using the __________ diversification strategy.

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In the final analysis, firms use merger and acquisition stra…

In the final analysis, firms use merger and acquisition strategies to improve their ability to create value for all stakeholders, including stockholders

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Location advantages are influenced by costs of production, a…

Location advantages are influenced by costs of production, access to natural resources and critical supplies, as well as the needs of customers, but not culture

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The stabilization of returns through international diversifi…

The stabilization of returns through international diversification helps reduce a firm’s overall risk

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Evidence suggests that acquisitions usually lead to favorabl…

Evidence suggests that acquisitions usually lead to favorable financial outcomes, especially for the acquiring firm

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Which of the following is NOT a disadvantage of internationa…

Which of the following is NOT a disadvantage of international acquisitions?

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A merger is a strategy through which two firms agree to inte…

A merger is a strategy through which two firms agree to integrate their operations on a relatively coequal basis

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In the cost-minimization approach to managing competitive st…

In the cost-minimization approach to managing competitive strategies, the relationship between the firms is based on trust of the other partner

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Michael Porter’s determinants of national advantage describe…

Michael Porter’s determinants of national advantage describe factors associated with the firm’s domestic environment that contribute to its dominance in a particular global industry

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When the actual results of an acquisition strategy fall shor…

When the actual results of an acquisition strategy fall short of the projected results, firms consider using restructuring strategies

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