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viva [34]
3 years ago
12

The Master Manufacturing Company has just announced a tender offer for its own common stock. Master is offering to buy up to 100

% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. After the announcement of the offer, the stock closed on the NYSE up 2.50 at $18.75. A customer has 100 shares of Master stock in his cash account. The customer tells you that he wishes to "cash out" his position. You should recommend that the customer:
Business
1 answer:
ololo11 [35]3 years ago
6 0

Answer:

It should be recommended that the customer should sell long.

Explanation:

As the offer in the question is contigent on 64% of the tendered shares, this makes the tender be inappropriate if the customer wants to cash out the position.

The right step to take is by selling the long position that has a new higher market price.

Therefore, it should be recommended that the customer should sell long.

Note that to sell long implies that stocks or any other financial investment instrument are purchased now for the purpose of selling them at a higher future price in order to make a profit.

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abruzzese [7]

Answer:

If the national chain suffers, so does the franchisee

Explanation:

Franchises share common problems struggle for one can lead to struggle for all.

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3 years ago
The sales message varies little from customer to customer in a(n) _____.​
Bond [772]
<span>A sales message or pitch with a little variation is a Canned Sales Presentation. The answer is Canned Sales Presentation because a sales message or pitch that has little variation means it has been well rehearsed, it is well organized and systemic in nature. Also Canned Sales Presentations are usually well written scripts that are meant to be adhered to and written to obtain a positive response from the prospect or customer.</span>
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4 years ago
Describe the reasons Lyft entered strategic alliances with GM and Waymo? Are some reasons more important than others? Why or why
SashulF [63]

Answer:

PART A

(1) In order to meet its demand for cars

(2) in order to use Waymo's Technological advancement in development self driving cars with GM.

(3) In order to strategically position the company to compete favourably in the car lift market and car sharing.

PART B

NO,all the reasons are equally important.

PART C

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8 0
3 years ago
Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate b
Leni [432]

Answer: A- socially complex

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4 years ago
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Karolina [17]
Dominant culture: male, white, middle-class, English speaking, heterosexual

Not a member of: Chinese, transgender, poverty, etc.
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4 years ago
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