Merger and acquisition strategies:

a. are aimed at facilitating a company's shift from a broad differentiation strategy to a low-cost provider strategy

b. tend to be the most often used and most effective strategic options available to multi business companies

c. provide superior means for firms to rapidly increase the vertical scope of their core business

d. are one of the best ways for helping a company strongly differentiate its product offerings

e. are often driven by such strategic objectives as to expand a company's geographic coverage or extend its business into a new product categories

The correct answer is letter "E": are often driven by such strategic objectives as to expand a company's geographic coverage or extend its business into a new product categories.

Explanation:

A merger is a combination of two companies, usually by mutual agreement. Mergers are not exactly the same as acquisitions. In the acquisition, one company buys and subsumes another company, leaving only the purchaser in place. In most mergers, the two companies merge to form a completely new company.

Frequently, mergers and acquisitions are conducted so that the operations of firms can be broaden and new opportunities can be taken advantage of in the new markets.

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