Which of the Following Actions Can Help Managers Defend Against

question 35

Multiple Choice

Which of the following actions can help managers defend against a hostile takeover?

• A) establishing a poison pill provision
• B) granting lucrative golden parachutes to senior managers
• C) establishing a super-majority provision in the company's bylaws to raise the percentage of the board of directors that must approve an acquisition from 50% to 75%
• D) establishing a poison pill provision, granting lucrative golden parachutes to senior managers, and establishing a super-majority provision in the company's bylaws to raise the percentage of the board of directors that must approve an acquisition from 50% to 75%

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Definitions:

Wheeler-Lea Act

An amendment to the Federal Trade Commission Act in the United States, focusing on protecting consumers against unfair or deceptive acts in commerce.

Cardiovascular Mortality

Deaths caused by diseases related to the heart and blood vessels, often used as a measure of the public health impact of cardiovascular disease.

Hypertension

A medical condition characterized by consistently high blood pressure levels, which can lead to serious health issues if left untreated.

European Americans

Individuals residing in the United States who are of European descent, one of the various ethnic groups in the country.