In the Gillette Co.example in the textbook,the downside of the sale of Gillette to Procter & Gamble Co.was:
A) Gillette shareholders lost a great deal of money because the company's stock price dropped 13% in one day.
B) the CEO of Gillette lost employment.
C) approximately 6,000 employees of Gillette were fired.
D) the CEO, other top management, and 10% of the workforce of Gillette lost their jobs.
Correct Answer:
Verified
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