A firm whose primary business is in a line of regional grocery stores would be most likely to have to include which of the following facts, if true, in the firm's management discussion and analysis (MD&A)?
A) that a large number of funds were allocated to advertising to increase awareness of the firm's brand in new areas it had expanded into this year
B) that some senior members of the management team have retired in this financial year
C) that the company has lost a class action suit brought against the firm by its employees and is expected to have to pay a large amount of damages
D) that the firm has plans to expand into the organic food business in the next financial year by purchasing several small organic food retailers
Answer: C
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Giving teams or work groups an actual problem, having them work on solving it and commit to an action plan, and holding them accountable for carrying out the plan describes:
A. virtual reality B. self-directed learning C. action learning D. business games. E. simulations.
The most appropriate description of the strategy that Haley suggests in his Statement #3 is to create a portfolio that:
A. has cash flows concentrated around the horizon date. B. is duration matched but uses cash flow matching in the later years of the liability schedule. C. is duration matched but uses cash flow matching in the initial years of the liability schedule.