When a firm is overly dependent on one or more products or markets, and the intensity of rivalry in that market is intense, the firm may wish to _____ by making an acquisition.

Management

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When a firm is overly dependent on one or more products or markets, and the intensity of rivalry in that market is intense, the firm may wish to _____ by making an acquisition.

a. increase new product speed to market

b. broaden its competitive scope

c. increase its economies of scale

d. overcome entry barriers

Answer: broaden its competitive scope

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