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Dr. Sarolli is planning on measuring literacy (defined as the ability to read and write written text in one's native language). He decides he wants to create a quantitative operational definition. Create an ordinal, interval, and ratio way to measure literacy.
Co-Determination
A practice where workers have a role in management of a company, often through participation in management boards or committees.
White Knight
A person or company making a favorable investment in or purchase of a company as a strategic defense against a hostile takeover.
Tender Offer
A public, open offer or invitation by a prospective acquirer to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a certain time.
Hostile Takeover
An acquisition attempt by one company of another that is resisted by the target company's management and board of directors.
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