You have just presented a grim but realistic prediction of your company's earnings for the next quarter to the board of directors. The chairman of the board is unhappy with your analysis and says, "This company has turned a profit for the past twenty years! How can you be so pessimistic about the next three months?" Which of the following is the best way to respond to his question?
A) "Past success doesn't rule out future hardship."
B) "You're right! Our estimates could be incorrect."
C) "Do you have alternative data that paints a different picture?"
D) "You're concerned about our accuracy. Our projections are based on…"
E) "I'm the expert on this data, so I know I'm correct."

Question

Quizplus · Accepted Answer

This response acknowledges the chairman's concern and provides an opportunity to explain the basis of the projections, fostering understanding and maintaining professionalism.

You Have Just Presented a Grim but Realistic Prediction of Your