Instaworks Inc

question 60

Multiple Choice

Instaworks Inc. wants to acquire IOK Corp. Instaworks makes a tender offer to the shareholders of IOK to acquire their shares of IOK without the permission of the latter corporation's board of directors. This is a ________ tender offer.

• A) cogent
• B) single-point
• C) persuasive
• D) hostile

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Definitions:

Identity

The qualities, beliefs, personality, looks, and expressions that make a person (self-identity) or group (collective identity).

Industrialization

The transformation from an agricultural-based economy to one based on the manufacturing of goods, involving the establishment of factories, urbanization, and changes in socio-economic structures.

Domestic Production

The creation of goods and services within a country's borders, contributing to its economy.

Social Cohesion

The bond that brings a society together, marked by strong social ties, a sense of belonging, and the willingness to participate in community life.