A corporation does not have a legal obligation to pay dividends.
Answer the following statement true (T) or false (F)
True
Dividends are not an obligation of the corporation and become a liability only when the board of directors formally declares a dividend.
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Having established that the matrix organizational structure is appropriate, management can expect to integrate the following competency on a worldwide basis:
A) geographic knowledge. B) product knowledge and know-how. C) functional competence in finance, production and marketing. D) knowledge of customer or industry and its needs. E) All of the above are competencies.
______ involve actions taken in pursuit of influencing others and attaining goals.
a. Traits b. Leader behaviors c. Passion, drive, and perseverance d. Emotional intelligence activities
Are there reasons other than profitability for eliminating a product? Discuss.
What will be an ideal response?
Define “lean.”
a. A process in which the organization cuts costs in making its products or services. b. A popular business management approach for eliminating waste in the workplace c. When an organization thins out the number of employees it has. d. When a company reduces the amount of paper used in the workplace.