You Want to Convince Your Boss to Implement a Procedural

question 63

Multiple Choice

You want to convince your boss to implement a procedural change in your department. Which of the following best constitutes a concession in the context of such a message?

• A) The changeover may cause some minor initial delays, but in the long run, this shift will increase the speed of transactions by approximately 50 percent.
• B) This changeover will require some additional training, and I know that we don't have the budget for that right now.
• C) I can't understand why you think this change might involve a high price tag, because it can actually be accomplished for almost no expense whatsoever.
• D) Implementing this change would not require the system to be shut down during business hours.
• E) This change will be beneficial for the company in terms of profit.

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Definitions:

Fair Value

The financial gain from trading away an asset or the investment needed to dissolve a liability in a negotiated agreement amongst market stakeholders at the time of valuation.

Par Value

The face value of a bond or stock as stated by the issuer.

Consolidated Common Stock

Shares that represent ownership in a corporation that has combined its financial statements with those of its subsidiaries to present a single set of financials for the entire enterprise.

Acquisition Business Combination

An acquisition business combination is a transaction or event where one entity gains control over another, often involving the purchase of the target company's stock or assets.