Many Businesses Rely on ____ Software to Keep a Competitive

question 4

Multiple Choice

Many businesses rely on ____ software to keep a competitive edge in today's marketplace.

• A) custom-designed
• B) system
• C) word processing
• D) personal

---

Definitions:

Poison Pill

A defensive strategy employed by a company's management to prevent or deter hostile takeovers by making the company less attractive to the potential acquirer.

Flip-over Provision

A defensive strategy in a company's charter to deter hostile takeovers, allowing shareholders to buy shares at a discount if a single buyer acquires a significant portion of the company.

Share Rights Plan

A defense strategy used by corporations to deter hostile takeovers, allowing existing shareholders the right to purchase additional shares at a discount.

Diversification

The strategy of spreading investments among various financial instruments or sectors to reduce risk.