The 1990s saw a surge in acquisition activity. This was primarily because
A) The conglomerate strategy was proven to be the most profitable strategy
B) The pressures of global competition increased
C) The pressure to be locally responsive increased
D) Acquisition targets were cheap

Question

Quizplus · Accepted Answer

The 1990s experienced increased global competition, prompting companies to acquire others to enhance their competitive position and expand their global reach.

The 1990s Saw a Surge in Acquisition Activity