Multiple Choice
Which of the following encouraged firms to develop through internal R&D rather than through M&A in the 20ᵗʰ century?
A) Lower wage costs for internal labor compared to merged or acquired labor
B) Faster results obtained with R&D
C) Federal antitrust policies
D) Lack of financial capital to engage in M&A
E) High transactions costs associated with M&A activity.
Correct Answer:
Verified
Correct Answer:
Verified
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