The senior management team is aware of your success in implementing necessary change following a change in
ownership and control.
(c) Identify and explain the key areas of change likely to be needed in Bonar Paint in order to implement a
successful buyout. (15 marks)
(c) A management buyout represents a change in ownership rather than a change in strategy. However it should, as suggestedabove, lead to a comprehensive review of the customers and product groups the firm chooses to supply and the basis onwhich it seeks t
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