1.

The following are good reasons for mergers: (I) Economies of scale (II) Economics of vertical integration (III) Complementary resources (IV) Surplus funds (V) Eliminating inefficiencies (VI) Industry consolidation

A. I only
B. I, II, and III only
C. I, III, IV, and V only
D. I, II, III, IV, V, and VI
Answer» E.


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