Prior to Defining an Organization's Missions and Goals, Managers Must

question 20

Multiple Choice

Prior to defining an organization's missions and goals, managers must

• A)perform a SWOT analysis.
• B)apply the five forces model.
• C)define its business.
• D)create a single-use plan.
• E)create a standing plan.

---

Definitions:

Greenmail Arrangement

A situation where a company buys back its own shares from a potential acquirer at a higher price to avoid a takeover attempt.

Pre-Offer Strategy

A plan devised prior to making an offer, typically in negotiation or bidding contexts, to maximize successful outcomes.

Tender Offer

A public proposal made by a person or company to shareholders to buy shares of a corporation, typically at a premium over the market price.

Stock Acquisition

The purchase of enough of the voting stock of a corporation to allow the buyer to control the corporation. Also called takeover.