Mergers and acquisitions
A. are nearly always successful in achieving their desired purpose.
B. are highly risky because of the financial drain that comes from using the company's cash resources to pay for the costs of the merger or acquisition.
C. frequently do not produce the hoped-for outcomes.
D. are generally less effective than forming alliances or partnerships with these same companies.
E. are usually more successful in achieving cost reductions than in expanding a company's market opportunities.
Answer: C
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