Which of the following has been the main pressure behind restructuring, rightsizing, and mergers and acquisitions?
A)the desire to increase profits
B)obsolescence of plant and equipment
C)the need to reduce costs
D)intense domestic competition

Question

Quizplus · Accepted Answer

The need to reduce costs has been the main pressure behind restructuring, rightsizing, and mergers and acquisitions. Companies seek to streamline their operations and reduce expenses in order to maintain profitability and compete with others in the market. While increasing profits and domestic competition may also factor into these decisions, the need to cut costs is the driving force. Obsolescence of plant and equipment may be a reason for restructuring or mergers and acquisitions, but it is not the main pressure behind them.

Which of the Following Has Been the Main Pressure Behind