There are many situations in which management of a company may want to disclose more or less information about their operations. In a situation where a manufacturer is preparing for the launch of a new product line, the information available to management may include the projected release date of the product, the associated costs, the price at which the product will be sold, and the results of any market research performed as to the expected sales.
Why might management want to share the information above with the public? Why might they try to keep this information private? Also consider the impact of management’s decision on those outside of the organization.