Which of the following actions is least effective in changing a firm's strategy?
A)Conducting a successful proxy contest
B)Threatening a takeover from a rival firm
C)Organizing a leveraged buyout by well-known wealthy private investors
D)The sale of shares by a minority shareholder

Question

Quizplus · Accepted Answer

The sale of shares by a minority shareholder is the least effective in changing a firm's strategy as it does not hold significant voting power or influence over the management decisions. It may also not affect the majority shareholders or the board of directors' decision-making process. Therefore, it is not a reliable way to change a firm's strategy. The other options (A, B, C) involve more significant actions and have a higher likelihood of impact on the firm's strategic decisions.

Which of the Following Actions Is Least Effective in Changing