Answer:
d. defense tactics make the costs of a takeover lower.
Explanation:
There's a take over attempt when a company is faced with a hostile takeover attempt.
Defense can be either pre offer takeover or post offer takeover.
In pre offer takeover defense, companies put mechanisms in place to discourage takeover attempts.
Pre takeover defense mechanisms include:
1. Golden parachute: this benefits the managers of a company. It is an agreement where managers are compensated lucratively if they leave the company being targeted for a takeover when there's a change in corporate control.
2. Fair price amendments: this sets a bidding value floor for a target company. This makes the company more expensive
3. Staggered board : this is when its impossible to change all the members of boards of a company.
4. Poison pill
5. Poison put
Post take over defense mechanism usually are put in place after a takeover attempt. They include:
1. White knight defesne : The takeover firm invites another company to purchase it in place of the firm planning an hostile takeover. This can lead to bidding and counter bidding by the third firm and the firm planning the hostile take over. This can eventually leads to winners curse. This usually increases the cost of takeovers
2. Litigation
Not all take over defense tactics are usually effective. Generally, preoffer take over tactics are usually recommended.
Answer:
Theory of Efficient markets
Explanation:
According to this theory stock prices react instantaneously to new information
Answer:
1.Nigeria is a country where most economic production results in air pollution.
2. A healthier environment with longer life spans would be a trade-off for reduced air pollution.
Explanation:
A trade-off is what a person stands to gain or lose in exchange for something else. Nigeria is a country with many industries located around residential buildings. These industries tend to produce gas flares that are inimical to the health of the inhabitants. Residents in these areas tend to develop serious and complicated health issues because of air pollution.
Reducing this air pollution will result in improved health for residents and longer life spans.
Answer:
The correct answer is option C.
Explanation:
Dollar bills in the modern economy will be used as money because they serve as a medium of exchange, store of value, and unit of account. They have no independent value as a commodity apart from these uses.
This makes the exchange function of money easier. People will not hoard dollar bills for other purposes as it has no intrinsic value on its own. It is just a piece of paper.
Answer:
True
Explanation:
For Roberta citing family commitments as reason for participating in the mandatory extra hours cannot be justified in court. Although the court may be sympathetic, it is not enough public policy precedent.
The employer has the right to terminate her employment based on this refusal.
No public policy will be violated by the employer.
