Question

Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had steady growth. The management of each has a different viewpoint in many respects. Blue Water is more conservative, and as its president has said, 'we avoid what we consider to be undue risk.' Neither company is pubLiCly held. What is the main difference between the management of Blue Water and the other company?

1) Blue Water takes more risks
2) Blue Water is more conservative
3) Blue Water is pubLiCly held
4) Blue Water has had steady growth

Answer 1

The main difference between the management of Blue Water and the other company is that Blue Water is more conservative.

The main difference between the management of Blue Water and the other company is that Blue Water is more conservative. The president of Blue Water has stated that they avoid what they consider to be undue risk. This indicates that Blue Water takes a more cautious approach to their business decisions.