Julia Has Spent the Last Few Minutes Rewriting a Memo

question 117

Multiple Choice

Julia has spent the last few minutes rewriting a memo that she intends to send to all of the employees in her department. She wants to clarify the message by making it short and to the point. What is Julia's goal?

• A) to avoid bias
• B) to enrich the communication channel by making each word count
• C) to make the message more passive in tone
• D) to be concise

---

Definitions:

Leveraged Buyout

A transaction where a company is acquired primarily using borrowed funds.

Publicly Traded Company

A company that is registered with the SEC and whose securities therefore may be sold to the general public.

Privately Held

A business ownership structure where the company's shares are not available for public trading on stock exchanges.

Greenmail

A strategy where a company buys back its shares from a potential acquirer at a premium to avoid a takeover bid.