QUESTION $3(20$ Marks$)$

Your company is the target of a hostile takeover bid from another enterprise. The bidding company is run by a CEO who has

a reputation as a tough cost cutter. As a senior manager you have to explain to your employees what this takeover might

mean for them.

Discuss the communication approach which you, as a senior manager, would use in communicating the details and

potential implications of the hostile takeover to your employees.