After You Have Identified a Sponsor and Sent a Letter

question 49

Multiple Choice

After you have identified a sponsor and sent a letter to a formal organization stating your interest in research, a phone call is typically the next step in the process. You have agreed upon a time and day for the phone call, and at the appointed time, you call. The director will not take your call. In this case you should do which of the following?

• A) forget that specific organization as a target of your research because if the director will not take your call now, you cannot expect much from him or her once the research begins
• B) keep calling back until your call is taken by the director
• C) ask to speak the director's assistant and make an appointment for a meeting
• D) find another sponsor and see if you have better luck getting access to the director

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Definitions:

Fair Value

A financial accounting term referring to the estimated market value of an asset, liability, or company.

Par Value

The nominal or face value of a bond, stock, or other financial instrument, originally intended to be the minimum price at which the securities could be sold.

Consolidated Cash

The total amount of cash held by a parent company and its subsidiaries, presented as a single figure in consolidated financial statements.

Acquisition Transaction

A deal or arrangement in which one company purchases another company or its assets.