To Convince Your Boss to Implement a Procedural Change in Your

question 29

Multiple Choice

To convince your boss to implement a procedural change in your department,which of the following best constitutes a concession in the context of 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:

Investment Objectives

The financial goals that guide an investor's decisions, including risk tolerance, time horizon, and return expectations.

Asset Allocation Guidelines

Framework for distributing an investor's portfolio among different asset categories.

Conservative Investors

Individuals who prefer lower risk investments and often prioritize capital preservation and income over high returns.

Risk-tolerant Investors

Investors who are willing to accept higher levels of volatility and risk in pursuit of potentially greater returns.