As a Means of Protecting Their Company Positions, a Company

question 20

Multiple Choice

As a means of protecting their company positions, a company may adopt a poison pill device that makes it nearly impossible for another firm to take control of the firm without the consent of the:

• A) Vast majority of the shareholders of the target firm.
• B) OSC and CRA.
• C) Management of the target firm.
• D) Majority of the shareholders of both the target firm and the acquiring firm.
• E) Total shareholders of the target firm.

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Definitions:

Organizational Ambidexterity

The ability of an organization to balance and manage both exploitative activities (improving existing operations) and exploratory activities (innovation and new opportunities) efficiently.

Innovative Adaptation

The process of adjusting and inventing new methods or products to respond to changing environments or needs creatively.

Efficiency

The ability to achieve maximum productivity with minimum wasted effort or expense, often assessed in processes, systems, or organizations.

Top Executives Discretion

The authority and autonomy granted to high-level managers and executives to make decisions and take actions without needing approval from others.