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Which of the following is NOT a major change force that contributed to the high level of merger activity in the 1990s?

a. Increase in the pace of technological change.
b. Deregulation in all industries.
c. Globalization of markets.
d. Increase in competition.

How many major merger movements have there been in United States history?
a. 3
b. 4
c. 5
d. 6

Which of the following is NOT a theory of mergers?
a. Efficiency
b. Agency problems
c. Hubris
d. Globalization

Which of the flowing is NOT an example of economies of scope?
a. Broadening product lines.
b. Obtaining complementary products.
c. Strengthening distribution systems.
d. Providing one-stop shopping for all services.

Which of the following is NOT one of the top 10 change forces driving M&A in the past 2 decades?
a. Globalization.
b. Technological Change.
c. Deregulation.
d. Relatively low valuations for equities.

Which of the following is NOT commonly used M&A terminology?
a. Consolidation.
b. Alliances.
c. Joint Venture.
d. Licensing.

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