An advantage of mergers and acquisitions is that they can enable a firm to rapidly enter new product markets.

Question

Quizplus · Accepted Answer

Growth through mergers and acquisitions has been critical to many corporations in a wide variety of high-technology and knowledge-intensive industries. Speed (speed to market, speed to positioning, and speed to becoming a viable company) is critical in such industries. For example, in 2010, Apple acquired Siri Inc. so that they could quickly fully integrate the Siri natural language voice recognition software into iOS, the Apple proprietary operating system.

An Advantage of Mergers and Acquisitions Is That They Can