A local company is part of a hostile takeover by a multinational conglomerate. The Chief Executive Officer (CEO) directs that all meetings be conducted via video conference to save costs and expedite communication. This scenario is an example of:
A) outsourcing.
B) corporate acquisition.
C) internal reorganization.
D) process change.
E) relocation.
F) resource management.

Question

Quizplus · Accepted Answer

This scenario is an example of a corporate acquisition, specifically a hostile takeover, where one company is being acquired by another. The CEO's directive to conduct meetings via video conference is a response to this situation, aiming to manage costs and communication efficiently during the acquisition process.

A Local Company Is Part of a Hostile Takeover by a Multinational