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JetStream Airway's Decision to Acquire Rex Fuels Inc

Question 61

Multiple Choice

JetStream Airway's decision to acquire Rex Fuels Inc.proved to be ill-fated because its managers had overestimated their abilities and skills.They believed that they had the skills to manage such diversified businesses and create additional shareholder value.However,the acquisition failed to create the anticipated synergies because the managers' capabilities were restricted to the airlines industry.What does this scenario best illustrate?


A) managerial empathy
B) managerial feasibility
C) managerial hubris
D) managerial capitalism

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