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Question: FirstStep LLC has had some key managers and executives leave the firm in the last year and because of a historically low stock price, FirstStep has now become a target for acquisition by other firms. FirstStep can do all of the following to battle potential takeover attempts except which one?
a- Have shareholders engage in a proxy contest in an attempt to change the membership of the board of directors.
b- Provide executives with additional compensation in the event that another company takes control of Alpha.
c- Award special rights to shareholders and executives in the case of a takeover attempt.
d- Require shareholder approval before an acquisition can take place.
It takes approximately 4 day(s) to receive an order after it has been placed. If the store insists on a 6 day(s) safety stock (assume 365-days a year), what should the inventory level be when a new order is placed?
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