1. Which one of the following statements is correct?
a. An equity carve-out generates cash for the parent firm.
b. A split-up frequently follows a spin-off.
c. An equity carve-out is a specific type of acquisition.
d. A spin-off involves an initial public offering.
e. A divestiture means that the original firm ceases to exist.
2. Exit interviews should be directed at ________.
a. informing ex-employees of their shortcomings
b. areas in which the company feels it could improve
c. finding out which rivals are poaching talent from the firm
d. optimal turnover and should measure the loss to the firm