Which of the Following Is the Best Definition of Consolidation

question 225

Multiple Choice

Which of the following is the best definition of consolidation?

• A) An interest controlling 50 percent of outstanding votes plus one; thereby it may decide the fate of the firm.
• B) Corporate takeover bid communicated to the shareholders by direct mail.
• C) A merger in which a new firm is created and both the acquired and acquiring firm cease to exist.
• D) The splitting up of a company into two or more companies.
• E) The distribution of shares in a subsidiary to existing parent company shareholders.

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Definitions:

Managerial Attention

The focus and prioritization that managers give to specific issues, projects, or tasks.

Management By Exception

A leadership strategy where managers intervene only when performance deviates significantly from standards, allowing for more autonomous operation otherwise.

Performance Objectives

Performance objectives are specific goals identified to measure the effectiveness and efficiency of an employee's job performance.

Output Standards

The pre-determined levels of performance or production that a process or system is expected to achieve.