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Tiffany,a light-complexioned African-American,is the manager of the cosmetics department at a large retail store.She does not promote Monica,a brown-complexioned African-American who is eligible for the promotion,because she believes that customers prefer lighter-skinned cosmetic consultants.Thus,Monica:
Joint Venture
Typically, an agreement between firms to create a separate, co-owned entity established to pursue a joint goal.
Existing Firms
Companies or enterprises that have been established and are currently operative in the marketplace.
Share Rights Plans
Strategic measures employed by companies to ward off hostile takeovers by diluting the value of shares held by potential acquirers.
Golden Parachute
A large financial compensation package guaranteed to a company executive in the event of a forced departure or takeover.
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