Which of the Following Best Describes a Core Idea Behind

Multiple Choice

Which of the following best describes a core idea behind the informal institution-based view regarding alliances and acquisitions?

A) It is best not to jump on the alliance and acquisition bandwagon.
B) Alliances should be made with caution so that firms do not share important secrets.
C) Firms often follow one another, so if competitors begin aggressively seeking targets for alliances and acquisitions, then it is best to follow suit.
D) Firms copy one another naturally as a strategy to enhance their legitimacy, so alliances and acquisitions are a low-cost way of gaining this.