Due to the stable environment and lack of technological change, mergers and joint ventures rarely occur in the United States.

Question

Quizplus · Accepted Answer

This statement is false. Mergers and joint ventures occur frequently in the United States, regardless of the stable environment and technological change. Companies may merge or enter into joint ventures for various reasons, including expanding market share, diversifying their product offerings, or achieving cost savings through economies of scale.

Due to the Stable Environment and Lack of Technological Change