Each of the following is true about the acquisition search process except for
A) A candidate search should start with identifying the primary selection criteria.
B) The number of selection criteria should be as lengthy as possible.
C) At a minimum, the primary criteria should include the industry and desired size of transaction.
D) The size of the transaction may be defined in terms of the maximum purchase price the acquirer is willing to pay.
E) A search strategy entails the use of electronic databases, trade publications, and querying the acquirer's law, banking, and accounting firms for qualified candidates.

Question

Quizplus · Accepted Answer

The statement "The number of selection criteria should be as lengthy as possible" is incorrect. The selection criteria should be specific and focused to ensure that the search process is efficient and effective. Having too many criteria may limit the pool of potential candidates and make the process more difficult.

Each of the Following Is True About the Acquisition Search