When Dayton Hudson was the target of a hostile takeover it was able to use its position of influence in the state of Minnesota to pressure the state legislature to change the laws preventing breakup of any company immediately after purchase.Dayton Hudson responded to the crisis using
A) merger.
B) direct influence.
C) hostile takeover.
D) alliances.
E) acquisitions.

Question

Quizplus · Accepted Answer

Dayton Hudson used its position of influence in the state of Minnesota to pressure the state legislature to change the laws preventing breakup of any company immediately after purchase. This strategy is known as direct influence, which involves leveraging relationships, power, and resources to achieve a desired outcome without resorting to a merger, hostile takeover, alliance, or acquisition.

When Dayton Hudson Was the Target of a Hostile Takeover