Mergers and acquisitions are often driven by such strategic objectives as:
A. expanding a company's geographic coverage or extending its business into new product categories.
B. reducing the number of industry key success factors.
C. reducing the number of strategic groups in the industry.
D. facilitating a company's shift from a low-cost leadership strategy to a focused low-cost strategy.
E. lengthening a company's value chain and thereby putting it in a better position to deliver superior value to buyers.
Answer: expanding a company's geographic coverage or extending its business into new product categories.