What Is the Business Strategy Involving a Defensive Tactic Against

Multiple Choice

What is the business strategy involving a defensive tactic against a hostile takeover where severance packages involving enormous sums are approved by the Board of Directors to be paid to senior managers in the event of dismissal because of a takeover known as?

A) Poison pill
B) White knight
C) Golden parachute
D) Pac-man defense
E) Boomerang Liability