Suppose you are the CEO of Laureate Education, a for-profit educational company.
In your company quarterly press release it says the following:
"We derive most of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and, of course, it is impossible for us to anticipate all factors that could affect our actual results."
Regarding the operating budgets of your company, discuss and justify what you believe would be the most important 2 assumptions and how they are going to affect your operating budgets.