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When Enbridge merged with Spectra Energy,the company cited "achievable cost synergies," which usually means staff cuts. In which stage of organizational change would the CEO need to use empathy and communicate the specific details of the merger?
HDC Status
Stands for "Holder in Due Course" status, a legal term indicating a party has acquired a negotiable instrument in good faith and without notice of any defect.
Good Faith
The honest intent to act without taking an unfair advantage over another party, characterized by honesty and fairness in dealings.
Transferor
An individual or entity that transfers rights, ownership, or interests in assets to another party.
HDC (Holder in Due Course)
A legal term referring to someone who has acquired a negotiable instrument in good faith for value and without notice of any defect.
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