Some firms use acquisitions instead of internal research and development.

Question

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Some firms may choose to grow through acquisitions rather than investing in internal research and development. Acquisitions can provide access to new technologies, products, or markets, and may be a quicker way to expand a company's capabilities. However, this strategy can also be risky, as mergers and acquisitions can be expensive, may not always be successful, and can impact a company's culture and operations.

Some Firms Use Acquisitions Instead of Internal Research and Development