You are faced with informing your supervisor about massive production delays. Company policy dictates that you must provide this information in writing. What questions should you consider when deciding between the direct and indirect approaches for your message?
What will be an ideal response?
(1 ) Will the bad news come as a shock to my audience? (2 ) Does the audience prefer short messages that get right to the point? (3 ) How important is this news to my audience? (4 ) Do I need to maintain a close working relationship with the audience? (5 ) Do I need to get the audience's attention? (6 ) What is my organization's preferred style for delivering bad news?
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Because systematic risk measures how much an asset's return co-moves with the market, it ________
A) can be diversified away with the appropriate hedging B) cannot be diversified away C) is partially driven by idiosyncratic risk D) can be completely eliminated using international securities
Court awards of damages take place ex post, and anticipation of those awards provides ex ante incentives to fulfill promises, while leaving the flexibility to breach contracts when it is efficient to do so
The parties to a contract may also write into the contract contingencies in the event of breach. This liquidated damages approach is ex ante and is based on the principle that ________. a) damages are intended as penalties for particular actions b) damages should not be limited to compensation for harm c) more complete contracts can be more efficient d) the misuse of a product should be anticipated in advance