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Kanakaraju Posted 12 years ago
Grammar

Could you please evaluate my answers for the essay mentioned below?

CORPORATE ASSIGNMENT
……………………………………….
Company: Spunky Publishers Inc.
Location: Atlanta, Georgia
Case:
Spunky Publishers Inc. (SPI) is a large, financially sound educational publishing company that specializes in textbooks for children. For the past year, the company has been considering the option of broadening its customer base. Recently, the Board of Directors at SPI reached a consensus that expanding its product line is a must. Therefore, SPI has decided to acquire a smaller company that publishes both educational textbooks and foreign language software for children. SPI began to test the waters last month by contacting Zia Luisa, an Italian company with a subsidiary in New York City. SPI wants to pursue the acquisition of Zia Luisa immediately.

Zia Luisa, a medium-sized publisher of children's materials, has stated that it is open to the possibility of being acquired by SPI. Zia Luisa is the ideal company for SPI's acquisition because it publishes children's educational textbooks and software in Italian, French, Spanish, and German. However, for the last two years, Zia Luisa has had substantial financial problems due to the high development costs of producing software and the inability to launch new products quickly. The company simply does not have the financial resources* to compete with larger foreign language publishers and software developers. Zia Luisa must come up with a solution to its problems but wants to avoid major restructuring or *downsizing, which would require company-wide layoffs. Therefore, Zia Luisa feels that selling the company is an option the company should consider.


Your role:
You will need to arrange a meeting with Zia Luisa on behalf of SPI to begin discussing the terms of the acquisition. While there is room for negotiation concerning restructuring, please consider the implications of relocating employees from New York to the main offices in Atlanta. If the first negotiations go smoothly, the next step is to set up a follow-up meeting to work out the details of the agreement.

SPI wants to draw up a final agreement and begin implementing the necessary steps for the acquisition within three to six months.

1)
Which sentence best describes this case study?
A) SPI is negotiating with Zia Luisa to restructure the company and downsize its staff
B)SPI wants to get new customers and products by buying Zia Lusia.
C)SPI has acquired an Italian company that publishes children's textbooks.
D)SPI is pursuing an agreement with a children's software company in New York.

Ans: B

2) Look at the word consensus in the case study. The Board of Directors has reached _______ that expanding its product line is a must.

(A) some information
(B) a meeting
(C) an agreement
(D) a point

Ans: C

3) Look at the word resources in the case study. Which phrase below means the same thing as resources?

(A) money, property, or people
(B) company-wide layoffs
(C) new product lines
(D) loyal customers

Ans: A

4) Look at the word downsizing in the case study. Zia Luisa doesn't want to ________.
(A) increase the number of employees in certain departments
(B) understand better what employees do
(C) understand how many employees work for the company
(D) reduce the number of its employees

Ans: D

5) Look at the word implications in the case study. The case study asks the person working on this case to think about ___________.

(A) what the future effects of asking employees to move to a new city might be
(B) how the New York employees will get the keys to the new office after the acquisition
(C) where to have the negotiations between the CEOs of the two companies
(D) whether or not Zia Luisa's staff is ready for important negotiations in New York

Ans: A

Regards,
Kanaka
  

Top answer

All correct, Kanaka!

  • All correct, Kanaka!
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4 Answers
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Thank you so much Sir !

Regards,
Kanaka
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Which statement about this case study is NOT true?

(A) Zia Luisa has more than one office.

(B) SPI has had serious financial troubles for two years.

(C) Zia Luisa publishes educational textbooks for children.

(D) SPI is in a hurry to start negotiations with Zia Luisa.

Ans: B

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