Question: ( 1 . 3 . 5 ) GlobalABC, a multinational corporation, is in the process of acquiring a small cloud service provider, CloudXYZ. As part
GlobalABC, a multinational corporation, is in the process of acquiring a small cloud service provider, CloudXYZ. As part of the acquisition process, GlobalABC's management team is responsible for evaluating and addressing any potential risks associated with CloudXYZs current operations and assets. This includes reviewing its information security practices, legal liabilities, financial stability, and market position. How should GlobalABC's management team demonstrate due care and due diligence?
Question options:
A
Due care by ensuring all CloudXYZ's employees receive immediate training on GlobalABC's security protocols, and due diligence by conducting a thorough financial audit of CloudXYZ
B
Due care by implementing GlobalABC's security policies in CloudXYZ immediately, and due diligence by reviewing all CloudXYZ's current contracts and legal obligations
C
Due care by establishing a plan to integrate CloudXYZ's operations in compliance with legal and industry standards, and due diligence by performing a comprehensive review of CloudXYZ's security posture, financial records, and legal standings
D
Due diligence by quickly finalizing the acquisition to capitalize on the market opportunity, and due care by planning a gradual integration of CloudXYZ's technology into GlobalABC's portfolio
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
