What is least likely to be a problem with implementing mergers and acquisitions?

	a.	Talented people from the target firm may leave or be fired unnecessarily.
	b.	The acquiring firm may try to impose all its systems and processes on the target firm.
	c.	The acquiring firm may overestimate the potential synergies with the target firm.
	d.	The initiating firm may seek to explore through the acquisition rather than exploit.

1. What is likely to be true of a product designed for the "bottom of the pyramid"?

   	a.	It is more expensive than products for customers in developed countries.
   	b.	Reliability of this product may be severely compromised.
   	c.	It retains basic functionality but could eliminate some high-end features.
   	d.	It is not very different from products for customers in developed countries.

2. Which of these investment approaches is most consistent with a real options logic?

   	a.	Increase scale of investments when returns from a project are uncertain.
   	b.	Invest in a project only if there is a high likelihood of financial success subsequently.
   	c.	Ignore future opportunities that the intial investment might lead to.
   	d.	Make a small initial investment to help evaluate the feasibility of scaling up later.