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List out the strategies a company can use in defending against hostile tender offers.
Natural Monopoly
A type of monopoly that arises due to high fixed or start-up costs associated with a business which makes it impractical for more than one firm to produce the same product or service efficiently.
Fixed Costs
Costs that do not vary with the level of production or business activity, such as rent, salaries, and insurance, remaining constant regardless of output.
Competitors
Competitors are businesses or individuals that vie for the same customers or market share in the same industry.
Market Structures
The organizational and competitive characteristics of markets, defining the nature of competition and pricing within a market, including monopolies, oligopolies, and perfect competition.
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