Management "Thus, while transaction cost and resource dependence researchers have provided somewhat divergent explanations for mergers, neither makes predictions sufficiently precise to end up being f

Şervan Kurdî

Management "Thus, while transaction cost and resource dependence researchers have provided somewhat divergent explanations for mergers, neither makes predictions sufficiently precise to end up being falsified and replaced by the other." I really don't understand the last part of this sentence. What does it really say? Is "sufficiently precise" an adjective for the word "predictions"? Thanks a lot in advance

Nov 27, 2017 9:10 AM

Answers · 4

This is my interpretation: 1. Is "sufficiently precise" an adjective for the word "predictions"? Yes. 2. The way I understand it, none of the predictions based on the various explanations is so accurate that it makes one explanation more likely than other ones. Does that make sense?

November 27, 2017

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