RDS Bank Has Been Making Losses for Many Years Now

question 44

Multiple Choice

RDS Bank has been making losses for many years now.The company's management wants to continue with the same style of operations,whereas many shareholders demand a change in management.A majority of shareholders unite and vote against the management's wish to sell the company to a larger counterpart subject to pressures from an external buyer.This is an example of a(n) ________.

• A) forced joint venture
• B) hostile takeover
• C) strategic alliance
• D) majority merger
• E) operational alliance

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Definitions:

Social Scripts

Schemata for typical sequences of behavior in social situations, guiding how individuals act in specific contexts.

Mere Exposure Effect

The tendency among humans to prefer things that are familiar to them is a notable psychological behavior.

Reciprocity Norm

A social norm that dictates that we should treat others as they treat us, fostering mutual aid and cooperation.

Ethnic Groups

Communities or populations sharing common cultural traits, ancestry, language, history, and often a shared sense of identity.