Companies seek cross-border mergers and acquisitions for each of the following reasons EXCEPT to ________.
A)get a foothold in new geographic markets
B)increase a firm's global competitiveness
C)fill in gaps in companies' product lines in a global industry
D)free up company budgets for increased R & D

Question

Quizplus · Accepted Answer

Cross-border mergers and acquisitions are generally not pursued for the purpose of freeing up company budgets for increased research and development. Instead, they are primarily pursued to gain access to new markets, increase global competitiveness, and fill in gaps in product lines in a global industry.

Companies Seek Cross-Border Mergers and Acquisitions for Each of the Following