Mergers and acquisitions are often driven by such strategic objectives as to
A. facilitating a company's shift from a low-cost leadership strategy to a focused low-cost strategy.
B. expanding a company's geographic coverage or extending its business into new product categories.
C. reducing the number of industry key success factors.
D. reducing the number of strategic groups in the industry.
E. lengthening a company's value chain and thereby putting it in a better position to deliver superior value to buyers.
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