The trade-off approach may be easier to use when there are only a few variables and alternatives

____ is a type of strategy that identifies the portfolio of businesses that, in total, comprise the company and the ways in which these businesses relate to each other.

Fill in the blank(s) with the appropriate word(s).

Which of the following statements, regarding the management's discussion and analysis (MD&

A) part of the annual report is not correct? A) Investors are not interested in the MD&A because it is written by the company and could present a biased view of the company's financial condition and result. B) It often contains information that is not found in the financial data. C) It provides forward-looking formation. D) The MD&A is the company's attempt to explain its financial statements and to discuss its performance.