Question 1 (1 point) Saved A merger is a special type of acquisition where the target firm does not solicit the acquiring firm's bid: thus; takeovers are unfriendly acquisitions. True False Question 2 (1 point) Saved Facing the entry barriers that economies of scale and differentiated products create, a new entrant may find that acquiring an established company is more effective than entering the market as a competitor offering a product that is unfamiliar to current buyers. True False Question 3 (1 point) Saved Developing new products internally is a high-risk activity with sometimes less-than- desirable rates which makes an acquisition strategy a more viable option to gain access to new and current products. True False Question 4 (1 point) Saved Which is not an attribute of successful acquisitions: Increased Market Power Acquisition is Friendly Acquiring Firm Manages Change Well and is Flexible and Adaptable Merged Firm Maintains Low to Moderate Debt Position