Read the case study below and prepare an informal report following the outline given in the class. In your report:demonstrate knowledge and understanding relevant to the questionapply the hypothetical business situationcommunicate using relevant business terminology and conceptspresent a sustained, logical and cohesive response in the form of a business reportYou are a mid$-$level manager in Rogers marketing department. You have heard rumours about a possible takeover by Fido. Write an informal report to your team saying what you have heard about Fidos plans for Roger and how you think the takeover will affect you.