Flowers by Cam Cam Iran is a sole trader who operates a small florist shop in Forest Hill, London (UK). Cam arranges and delivers flowers to local hospitals, hotels and schools mainly in south-east London. From time to time, she also receives large orders for weddings. She has three school-aged children. Examine the costs and benefits to Cam Iran in operating as a sole trader.

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.