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II. IV Real Estate workouts in general

II.V. Oferta de canje de valores

II.V.I. Características generales

1. For strategic and long term policy, which of the following situations do you fall into? (if several apply, tick several box sets).

(i)You tend to make all the decisions, with advice from family/friends/colleagues where appropriate.

TRUE  NOTTRUE

(ii)You frequently confer and take advice from a professional consultant (lawyer,agr/hrtadviser, accountant, financial

management expert…) TRUE NOTTRUE

(iii)You often have a committee of respected people, lay and professional, who help me/us make the decisions through formal meetings. TRUE  NOTTRUE

(iv)You have a formal board of directors that frequently meet and consider the decisions and have the final say. TRUE  NOTTRUE

(v) As a partnership together we make most of the decisions. TRUE  NOTTRUE

(vi) Overall you make the decisions without formal discussions with others

TRUE  NOTTRUE

(vii) The farm is wholly/in part owned by a trust(s) and you frequently consult the trustees.

TRUE  NOTTRUE

(viii)Give details of any other set up.………

2. For tactical and/or short term questions including day to day decisions, which of the following situations do you fall into? (if several apply tick several boxes).

(i) You make all the decisions, perhaps with advice from family/friends/colleagues/a board.

TRUE  NOT TRUE

(ii) For some decisions you confer and take advice from a professional consultant (lawyer, adviser, accountant, financial management expert.) TRUE  NOT TRUE

(iii)You have a committee of respected people, both lay and professional, who help me/us make the decisions in some cases. TRUE  NOTTRUE

(iv)You have a formal board of directors that I contact to affirm some of the decisions. TRUE  NOTTRUE

v) As a partnership together we make the decisions. TRUE  NOTTRUE

(vi)You make all the decisions without formal discussions with others. TRUE  NOTTRUE (vii)The farm is wholly/in part owned by a trust(s) and you consult the trustees for some decisions.

TRUE  NOTTRUE

(viii) Other. Give details………..

(iii)how many days per year do you think each person, on average, devotes to their decision making for your farm? Days

5. IF you are in a partnership, which of the options below applies (tick ONE box): (i) I’m in partnership with my spouse. (ii) I’m in partnership with one or more family members.

(iii) I’m in partnership with one or more non family members.

(iv) I’m in partnership involving both family and non-family members. (v) Other give details………...

6. Your financial interest in the farm/s is best described by (tick appropriate box): (i) You’re a paid manager with NO financial interest in the assets.

(ii) You’re a paid manager with some direct financial interests in the assets.

(iii) You’re in a partnership and receive a share of the profits, but no formal salary. (iv)You’re in a partnership and receive a fixed salary as well as a share of the profits. (v) You receive the profits from the farm AND you’re not a paid manager nor in a partnership.

(vi) You’re a share milker with some ownership of the farm assets and receive a share of the profits.

(vii) You’re a share milker with little ownership of the farm assets but receive a share of the profits.

(vii) Other. Give details………..

7. You’re fully aware of all the alternative governance structures possible and their details, benefits and disadvantages. TRUE  NOTTRUE

8. You have complete trust in all the people advising me in their various forms.

TRUE  NOTTRUE

9. To control and/or reduce risk it is very important to involve other people, either formally or informally, in the governance of the farm/s I’m involved in. TRUE  NOTTRUE

10. You are generally happy with the state of the governance system in place.

TRUE  NOT TRUE D. MANAGERIAL STYLE

For each statement tick ONE box that best records your degree of belief in the statement.

1. You tend to mull over decisions before acting. TRUE  NOTTRUE

2. You find it easy to ring up strangers to find out technical information. TRUE  NOTTRUE

3. For most things you seek the views of many people before making changes to

your operations. TRUE  NOTTRUE

4. You usually find discussing everything with members of your family and/or colleagues

very helpful. TRUE  NOTTRUE

5. Where there are too many jobs for the time available you sometimes become

quite anxious. TRUE  NOTTRUE

6. You tend to tolerate mistakes and accidents that occur with employees and/or contractors.

8. Keeping records on just about everything is very important. TRUE  NOTTRUE

9. You admire farming/grower colleagues who are financially logical and

don't let emotions colour their decisions. TRUE  NOTTRUE

10 You sometimes don't sleep at night worrying about decisions made. TRUE  NOTTRUE

11. You find investigating new farming/growing methods exhilarating

and challenging. TRUE  NOTTRUE

12 You tend to write down options and calculate monetary consequences

before deciding. TRUE  NOTTRUE

13. You tend to worry about what others think of your methods. TRUE  NOTTRUE

14. You are happy to make do with what materials you have to hand. TRUE  NOTTRUE

15. You find talking to others about farming/growing ideas stimulates and

excites you as well as increasing your enthusiasm for new ideas. TRUE  NOTTRUE

16. Having to make changes to well established management systems and

rules is a real pain. TRUE  NOT TRUE

17. You normally don't rest until the job is fully completed. TRUE  NOTTRUE

18. You normally enjoy being involved in farmer/grower organisations. TRUE  NOTTRUE

19. You sometimes believe you are too much of a stickler for checking and

double-checking that everything has been carried out satisfactorily. TRUE  NOTTRUE

20. When the pressure is on you sometimes become cross and short

with others. TRUE  NOTTRUE

21. You generally choose conclusions from experience rather than from hunches

when they are in conflict. TRUE  NOTTRUE

22. You are inclined to let employees/contractors do it their way? TRUE  NOTTRUE

23. You not only speak your mind and ask questions at farmer/grower meetings,

but also enjoy the involvement. TRUE  NOTTRUE

24. It is very important to stick to management principles no matter

what the pressure to do otherwise. TRUE  NOTTRUE

25. You are much happier if everything is planned well ahead of time. TRUE  NOTTRUE