Q1. Hubert is unclear about his duties on the new project and feels stressed with the role ambiguity. He has decided to simply put off the project and dedicate himself to other tasks. Which of the best describes the effect of Hubert's stress?
Q2. The SEC is trying to get companies to notify the investment community more quickly when a 'material change' will affect their forthcoming financial results. First, give an example of a company that has reported a 'material change' in their financial results. Discuss in what sense a financial manager might be seen as more ethical if he or she follows this directive and issues a press release indicating an event that may impact previously anticipated data. Defend the position.