Why Do Managers Design and Implement Crisis Programs

question 23

Multiple Choice

Why do managers design and implement crisis programs?

• A) To remove these direct threats to employee safety and security
• B) To better calculate the cost of threats to employee safety and security
• C) To help minimize the impact of threats to employee safety and security
• D) To demonstrate management's commitment to a zero-tolerance crisis environment

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Definitions:

Exercise Price

The price stated in the option contract at which the security can be bought (or sold). Also called the strike price.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of the company's profits and a right to vote on management decisions.

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a security at a predetermined price before a specific date.

Convertibles

Convertibles are bonds or preferred stocks that can be converted into a predetermined number of common stock or equity shares.