1. Empirical research shows that goodwill impairments have no impact on a company’s share price. But these impairments do reflect an auditor’s best estimate of the value lost in an acquisition by the company. Does the stock market not care about such losses? Explain.
2. Discuss the importance of identifying norms within a team. Why is clear communication considered an essential element during team development? Provide an example when you were a team member and the lack of communication caused significant problems for the team.