The Build-Borrow-Buy framework

Know the basics about the Build-Borrow-Buy framework (see class material and additional, recommended reading). What are
the key strategic alternatives to M&As? What is an “implementation trap”? When should firms choose the “buy” option (i.e.
acquire)? (No need to know all the details about each strategic alternative that are included in the additional reading and
summarized on the slides; it will suffice if you have a general understanding about this framework and the alternatives to M&As)