Lorenzo just graduated from college and is now in the market for a new car. he has saved up $4,000 for a down payment. he's deciding between a super and a duper. the super is priced at $23,599, and the duper is priced at $18,999. after agonizing over the decision, he decides to buy the duper. he writes the dealership a check for $4,000 and takes out a loan for the remainder of the purchase price.

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.