It’s hardly surprising that given man’s experience in wartime, there are so many words and phrases used in the business world that relate to war:
Hostile takeover: an unsolicited corporate takeover, not supported by the existing management and board of directors of the company being targeted.
Golden parachute: A clause in an executive employment contract that provides the executive with a lucrative severance package in the even of termination.
Poison pill: a device designed to prevent a hostile takeover by increasing the takeover cost, usually through the issuance of new preferred shares that carry severe redemption provisions.
Ambush or guerilla marketing: To tie a firm’s name to its competitors’ advertising.
Arrows to fire: Points to mention and/or tactics to take.
Hired gun: A consultant with expertise who may have better knowledge than almost any employee. Usually brought in to make large stuff reductions.
