When a lack of information can result in business risk, which of the following can management not do to acquire additional information?
A) Refer to the annual reports of competitors for needed information
B) Purchase information from those that possess the knowledge needed
C) Form a panel to evaluate the product
D) Test market a product

Question

Quizplus · Accepted Answer

It is illegal to obtain information through competitors' annual reports, as it may constitute insider trading. Therefore, the management cannot refer to the annual reports of competitors for needed information.

When a Lack of Information Can Result in Business Risk