A hostile takeover defense wherein the target firm makes its stock less attractive to a potential acquirer is called
Choose one answer. | a. a standstill agreement. | | | b. greenmail. | | | c. a poison pill. | | | d. crossing the palm with silver. | |
Question 38
Marks: 1
Compared to managers, shareholders prefer
Choose one answer. | a. riskier strategies with greater diversification for the firm. | | | b. riskier strategies with more focused diversification for the firm. | | | c. safer strategies with more focused diversification for the firm. | | | d. safer strategies with greater diversification for the firm. | |
The Enron employee who reported the financial manipulations at the company to her superiors can be considered to have engaged in
Choose one answer. | a. an act of courage. | | | b. white-collar crime. | | | c. vindictive disloyalty. | | | d. managerial opportunism. | |
Question 40
Marks: 1
The longer the focus of managerial incentive compensation, the greater the ____ top-level managers.
Choose one answer. | a. earnings potential for | | | b. incentives for | | | c. potential tax burden for | | | d. risks borne by | |
Marks: 1
The choices that a firm has for entering the international market include all of the following EXCEPT
Choose one answer. | a. acquisition. | | | b. leasing. | | | c. exporting. | | | d. licensing. | |
Question 36
Marks: 1
There are few true mergers because
Choose one answer. | a. few firms have complementary resources. | | | b. of managerial resistance. True mergers result in significant managerial-level layoffs. | | | c. integration problems are more severe than in outright acquisitions. | | | d. one firm usually dominates in terms of market share, size, or value of assets. | |
Market power is derived primarily from the
Choose one answer. | a. size of a firm and its resources and capabilities. | | | b.