The Emergence of "Issues Managers" Is a Direct Outgrowth of

question 47

Multiple Choice

The emergence of "issues managers" is a direct outgrowth of

• A) the professionalism of the field.
• B) the rise of public affairs specialists to CEO positions.
• C) the changing mix of issues that managers have had to handle.
• D) college programs that train issues managers.

---

Definitions:

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy an underlying asset at a specified price within a specific time period.

Cash Flow Hedge

A financial strategy to manage the risk of cash flow fluctuations due to changes in the value of underlying assets or liabilities.

Option Expense

The cost associated with granting options, such as stock options to employees, which is recognized as an expense over the vesting period.

Fair Value Hedge

A hedge that protects against changes in the fair value of an asset or liability or an unrecognized firm commitment.