Which of the Following Is a Step in the Contingency

question 106

Multiple Choice

Which of the following is a step in the contingency planning process?

• A)Set up teams trained to deal with emergencies.
• B)Set performance targets to direct all company activities.
• C)Develop alternative courses of action in case an anticipated change does occur.
• D)Assess the company's strengths and weaknesses.

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Definitions:

Put Option

A financial contract that gives the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a specified price within a specified time.

Sell Calls

An investment strategy involving the selling of call options, where the seller grants the buyer the right to purchase an underlying asset at a specified price within a certain period.

Buy Warrants

Options that give the holder the right to purchase a company's stock at a specified price before a certain date.

Employee Stock Option

A privilege, sold by one party to another, that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed-upon price within a certain period or on a specific date.