(iii) Lateral or horizontal. (3 marks)

(iii) Lateral or horizontal. (3 marks)

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(b) Briefly explain the two types of informal communication known as the grapevine and rum

(b) Briefly explain the two types of informal communication known as the grapevine and rum

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(b) Discuss the limitations of the above estimates. (6 marks)

(b) Discuss the limitations of the above estimates. (6 marks)

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(c) Discuss the factors that might influence whether the initial bid is likely to be accep

(c) Discuss the factors that might influence whether the initial bid is likely to be accep

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(d) Estimate by how much the bid might be increased without the shareholders of Paxis suff

(d) Estimate by how much the bid might be increased without the shareholders of Paxis suff

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