In 2001 the chief executive of AOL Time Warner, Gerald Levin, sought to acquire AT&Ts cable business,
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In 2001 the chief executive of AOL Time Warner, Gerald Levin, sought to acquire AT&T’s cable business, the only cable business larger than the one already owned by AOL Time Warner. In doing so, he did not consult the firm’s board, let alone its chair- man Steve Case. Apparently, Case objected to Levin’s approach, and Levin resigned in December 2001. Discuss Levin’s approach to decision process in the context of judgmental tasks involving groups.
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Behavioral Corporate Finance Concepts And Cases For Teaching Behavioral Finance
ISBN: 9781259277207
2nd Edition
Authors: Hersh Shefrin
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