Question: Download Form 10-K filed by P&G from the company's website or the US Securities and Exchange Commission's website. Answer the following questions based on a study of this report:
a. What are the different kinds of risks to which P&G is exposed?
b. How does P&G manage its risks? Identify and state the use of some derivatives in this regard.
c. Name some techniques that P&G employs for risk management.
d. Does P&G grant employee stock options? If so, briefly discuss this program. What valuation model does the company use for valuing employee stock options?