Tuesday 17 September 2013

SANDBAGGING

Today's word: SANDBAGGING
Theme for this fortnight: MERGERS & ACQUISITIONS




           A tactic used to hide or limit expectations of a company's or individual's strength in order to produce greater than anticipated results. Sandbagging, in business, is most often seen when company managers temper the expectations of superiors or shareholders by giving guidance below what they know will be achieved. Once the better than expected results are presented, the firm looks all the better.
 

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