What was the main objection to the EBK?

What will be an ideal response?

The main objection to the EBK was that it was too new and untested for the company to stake its continuing survival on. That was considered a valid point, so the committee decided to investigate further. It formed a small task group from its members. The aim of the group was to identify any evidence that the EBK might  potentially fit into emerging regulatory or statutory trends or might have a broader application.