Acquisitions can take a lot of time for top level managers for all the following reasons EXCEPT:

Italy has become the leader in the shoe industry because of related and supporting industries such as a well-established leather-processing industry that provides the leather needed to construct shoes and related products

After a leveraged buyout, __________ typically occur(s).

__________ is the set of costs associated with various issues firms face when entering foreign markets, including unfamiliar operating environments; economic, administrative, and cultural differences; and the challenges of coordination over distances.

Downsizing tends to be of more long-term, or tactical, value than short-term, or strategic, value, making it an optimal restructuring option for managers with a vision for the future

Research has shown that the more __________, the greater is the probability that an acquisition will be successful.

Research in the airline industry suggests that tacit collusion reduces service quality and on-time performance

Leeway Corp. wants to pursue a business-level international strategy to export to developed countries. Which of the following strategies would Leeway most likely select?

Firms often pursue international mergers and acquisitions instead of forming a cross-border strategic alliance because of the increased risk associated with the alliances

Restructuring strategies are commonly used to correct or deal with the results of ineffective mergers and acquisitions