When One Firm Merges with Another,the

question 82

Multiple Choice

When one firm merges with another,the:

• A) boards of directors will merge also.
• B) merger must be approved by 75% of the shareholders of the target firm.
• C) merger must be approved by at least 50% of the shareholders of the target firm.
• D) target firm will cease to exist.

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Definitions:

Power

The ability or capacity to direct or influence the behavior of others or the course of events.

Achievement

The act of accomplishing or attaining a goal through effort, skill, or courage.

Visioning Process

A strategic planning activity involving imagining the future state of an organization or project and outlining the steps necessary to achieve it.

Leaders

Individuals who possess the ability to inspire or influence others towards the achievement of goals, often characterized by vision, initiative, and determination.