A Strategy That Is Not Used by Target Firms to Fend

question 56

Multiple Choice

A strategy that is not used by target firms to fend off a takeover is

• A) greenmail.
• B) LBO.
• C) Pac-Man.
• D) poison pill.

Recognize the role of employees and employee actions in shaping customer perceptions of service quality.

Understand the concept and application of off-peak pricing to manage service demand.

Identify the expanded marketing mix (the seven Ps) for services and their significance in services marketing.

Understand the role of relationship marketing and its benefits in the context of service businesses.

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Definitions:

Stated Value

A value that is assigned to a share of stock by the issuing company, which may bear no relation to its market value.

Par Value

Par value is the nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

No-Par Common Stock

Shares issued without a par value, meaning their value is determined by the market rather than a set face value.

Stated Value

The nominal value assigned by the company to its no-par stock, which becomes the legal capital per share.