A Proxy Fight Occurs When a Company Attempts to Persuade

question 24

Multiple Choice

A proxy fight occurs when a company attempts to persuade the target company's shareholders to replace the existing management with one that is ________ the goals of the acquiring company.

• A) unaware of
• B) hostile toward
• C) familiar with
• D) sympathetic to
• E) ambivalent about

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Definitions:

Changing Demands

Alterations in consumer preferences, market conditions, or operational requirements that necessitate adjustments in business strategy or operations.

Operations

Refers to the activities and processes used by organizations to produce goods or deliver services effectively and efficiently.

Coordination

The process of organizing people or groups so that they work together properly and well.

Virtual Organization

A network of independent entities that collaborate through information technology to achieve common goals, often without a centralized physical office.