We would call this event a <u>leveraged buyout (LBO)</u>.
<u>Explanation:</u>
A leveraged buyout is the attempt of buying a company primarily through borrowing. This purchasing involves combination of both equity and debt. The funds borrowed are used to buy out the stockholders in the company. The employees, managers, or investors now become the owners of the firm. The firm is taken private, when the managers buy all of the stock of the firm and take it off the open market.
In the above scenario, the employees of San Simeon company purchases the firm from their current owners by borrowing large sum of money.
Answer:
D. Customer relationship management
Explanation:
Customer relationship management is the approach that companies use to interact with its customers and this approach analyze customer interactions to improve its relationships with them and create benefits for their customers, As this leads to increased sales and profits.
Smart cards replace the typical magnetic strip on a credit or debit card with a microprocessor.
Smart cards are an EFT tool combining all of a persons information for approval of use of the card without signing for each purchase. This type of card has a chip to stick into the machine instead of using the strip to slide and then sign for the purchase.
Trade balance is calculated by subtracting imports from exports. In this case, exports are higher than imports which means we have a favorable trade balance. If imports were more than exports, you would have a negative trade balance.
A benefit of digital catalogs is<span> that they allow real-time merchandising. Other advantages </span>are they eliminate the costs of printing and mailing, they offer an almost unlimited merchandise, they offer a wider assortment of presentation formats. The internet and digital marketing have created this to match the need of consumers.
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