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Advanced Reading
TechVantage Press Release
Answers:
1. What strategic contradiction exists in the company's response to poor results?
Answer: a) maintaining R&D investment despite launching a cost reduction programme
2. What potential governance issue is implied by the timing of the guidance revision?
Answer: b) waiting until Q3 to substantially revise full-year targets from 8-10% to 0-2%
3. How does the cash position change suggest deeper problems than reported?
Answer: c) the $42.2m reduction in one quarter indicates severe operational cash burn
4. Which market communication strategy is evident in the CEO's statement?
Answer: b) deflecting internal execution issues by emphasising external market conditions
5. What inconsistency appears between the reported figures and strategic updates?
Answer: a) securing $95m in new contracts while revising growth to 0-2% suggests contract delays or cancellations
