The market for corporate control
a. was guaranteed by the first amendment.
b. makes sure that bad management keeps their jobs
c. makes hostile takeovers impossible
d. provides a means to replace under performing management.
e. all of the above.
D
Economics
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A purely competitive firm is faced with a marginal revenue curve that lies everywhere below the average variable cost curve. Would this firm be able to operate in the short run? Explain
What will be an ideal response?
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Which of the following makes a firm's resources hard to imitate?
a. Do not use resources that flow from the firm's unique history b. Keep the link between resources and advantage simple c. Resources emanate from a socially complex organizational structure d. All of the above
Economics