What Are Poison Pills

question 2

Multiple Choice

What are poison pills?

• A) Shareholders use them to prevent the founder of a company from taking the company private through a leveraged buyout.
• B) They are unspecified conditions in the contract between stakeholders in an organization.
• C) Companies use them in a bid to perform a hostile takeover of competing firms.
• D) They are defensive provisions that kick in should a buyer reach a certain level of share ownership.

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Definitions:

Experienced Responsibility

The feeling or belief by employees that they are responsible and accountable for their job tasks and outcomes.

Outcomes of Work

The results generated from performing tasks or jobs, which can include products, services, and changes in organizational or individual status.

Attributional Explanation

The process of interpreting events and determining the causes of an individual's behavior.

Negative Attributions

The tendency to explain the behavior of others based on internal, stable, and negative characteristics.