Answer:
D.
Explanation:
Based on the answers provided it can be said that all of the options are valid rationale for acquisitions except for positioning the firm for a tactical competitive move. This is because acquisitions refers to gaining new people, technology, IP or distributed channels for an organization which allows that organization to grow and perform better, but is not intended to position the firm to make a competitive move towards another firm, that is done mostly through other business strategies.
