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Business, 17.04.2020 03:51 joytheqt

The managers at Speed Automobile Inc. want to diversify the business by acquiring a consumer electronics company. This acquisition would mean increased job security, higher compensation, and greater decision-making authority for the managers. The managers correlate this acquisition to greater power for them rather than to the appreciation in shareholder value. In this scenario, this acquisition by Speed Automobile is most likely a result of Group of answer choices hold up problem. relationship specific assets. principal-agent problems. horizontal integration.

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