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Question 8 Which of the following is not a responsibility of the board of directors. O Deciding on a new promotional campaign. Setting strategic direction for the firm. Hire, evaluate and compensate management. Ensure that adequate financing exists for management to meet company objectives. Which of the following is not a technique used to forecast growth when creating financial projections? O Percentage of sales method The top-down approach The bottom-up approach The sustainable growth ratio What action is not useful in reducing information asymmetry in order to reduce the impact of adverse selection on your product? Posting reviews of the product on the website where you control the content. Providing a warranty against bad outcomes. Providing information on the history of a product or its quality. Requesting a third party to collect feedback from prior customers and publicly report it