Summer, a German firm, recently acquired another company, Wave Inc., in Indonesia. The top executives at Wave Inc. quit because they could not cope with the rules-driven, efficiency-focused, and direct approach of their German counterparts. This illustrates how acquisitions may fail due to which of the following? A clash between the cultures of the acquired and the acquiring firm. Executives overestimate their ability to create value from an acquisition. Integration of operations between the two firms takes longer than forecasted. An acquiring firm overpays for the assets of an acquired firm