Compare the Following Product Offerings

question 60

Multiple Choice

Compare the following product offerings. Which is an example of indirect competition?

• A)Wendy's and Taco Bell
• B)Häagen-Dazs and Ben & Jerry's ice cream
• C)Skippy and Jif peanut butter
• D)Sirius XM radio and Spotify
• E)Shell and BP gas

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Definitions:

Shareholder Rights Plan

A shareholder rights plan, often called a "poison pill", is a strategy employed by corporations to deter hostile takeovers by making the acquisition prohibitively expensive.

Takeovers

The process by which one company acquires control of another, either through a direct purchase or by acquiring a majority share.

Merger

The joining of two firms to form a single firm.

Acquisition

The process by which one company purchases most or all of another company's shares to gain control.