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:
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A. B. C. D. E. F.B.
The scenario presented is an example of a corporate acquisition. A corporate acquisition occurs when one company takes over another company by buying a controlling stake in its shares or assets. In this case, a multinational conglomerate is taking over a local company, which means that the conglomerate will own a controlling interest in the local company.
The CEO's directive to conduct all meetings via video conference is a process change that is likely aimed at reducing costs and expediting communication between the two companies. This change is necessary due to the acquisition, as the two companies will need to communicate regularly to ensure that the takeover is successful.
Outsourcing, internal reorganization, relocation, and resource management are not relevant to this scenario. Outsourcing involves contracting work to an external organization, while internal reorganization involves changing the structure or management of a company's internal operations. Relocation refers to moving a company's operations to a new location, while resource management involves the allocation of resources within a company to optimize efficiency.
In summary, the scenario presented is an example of a corporate acquisition, with a process change directed by the CEO to save costs and expedite communication between the two companies involved in the acquisition.