Question

Benjamin Fisher, the CEO of a stock brokerage firm, has been accused of insider trading. This is illegal and implies that Benjamin has bought or sold stocks using information that isn’t available to the public. The accusation could lead to lawsuits and governmental review. Benjamin knows he is innocent, but the allegation alone could damage the reputation of his firm. He doesn’t want to alarm his employees, but he needs to develop a communication strategy to handle the situation. Benjamin calls a meeting of his most trusted executives. What purpose will this meeting serve? Information review and presentation Motivation Problem identification Intensive problem solving In this situation, how many people should be invited to attend the meeting? 30 or fewer All employees 10 or fewer 5 or fewer

Answer 1

Answer:

Benjamin Fisher

Insider Trading:

1. The purpose of the meeting is for:

Intensive problem solving.

2. The people that should be invited to attend the meeting should be:

5 or fewer

Explanation:

As the CEO, it is Benjamin's responsibility to call for this meeting between himself and his trusted executives.  Therefore, the number of those attending should be limited to 5 or fewer.  The meeting needs to be an intensive one that must iron out a solution for developing a communication strategy for handling the present situation.

The insider trading accusation can seriously damage the firm's reputation and needs to be handled with despatch.