8. Two reasons for mergers and acquisitions are a. to reduce tax and coonomies of scale. b. to reduce tax obligations and increase managerial staff. c. to create seasonal trends in sales and to make better use of a new sales force. d. to provide improved capacity utilization and decrease economies of scope c. to provide capacity utilization and increase economies of scale. is when a company diversify into outputs. 9. a. Forward integration b. Rotrenchment c. Backward integration c. Horizontal diversification d. Markel penctration 10. When a firm have numerous internal strengths and faces numerous extemal threats, the strategy to pursue is a. Turnaround b. Aggressive c. defensive d. diversification 11. Which of the following are examples of intensive strategies? a. Market development c. Diversification d. Integration b. Product development 12. Whach is tho following is an example of external growth strategy? a. Vemeneavixation b. Market penverration c. Liquidintion 4. Integration 13. If a firm decides to add new but related products or serviees to its portfolio then it is involve a. Conglomerate diversification b. Concentric diversification c. Market development d. Product development 14. Secking ownership or increased control of a firm's cotypetitos is called 1. Vertical integration b. Horizontul integuices c. Conglomente divervification d. None of the above 15. Which of the follewing is a simitar to Nankruptoy stratep? a Reoremizaion c. Tumnuround 4. invalvency -. Divestiture