Which of the following is NOT a common reason for a company to make an acquisition?

The correct answer is based on the understanding of corporate acquisitions and their typical strategic objectives. Companies often pursue acquisitions for several reasons, such as expanding their footprint into new geographic markets, reducing costs, or realizing synergies.

Making an acquisition usually focuses on enhancing a company’s capabilities, market share, or operational efficiency. Companies often look to gain new customers, penetrate different markets, or streamline operations through shared resources and cost savings. While developing an internal talent pool can be a valuable strategy, it typically emphasizes internal growth and development rather than the external growth that comes from acquisitions.

Thus, focusing on building an internal talent pool exclusively does not align with the primary motivations behind acquisitions. Acquisitions are generally aimed at leveraging external resources to achieve strategic goals, which is why this option stands out as the one that does not fit with the common reasons for pursuing an acquisition.