Retained earnings:
A) Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
B) Can only be appropriated by setting aside a cash fund.
C) Represent an amount of cash available to pay shareholders.
D) Are never adjusted for anything other than net income or dividends.
E) Represents the amount shareholders are guaranteed to receive upon company liquidation.
A) Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
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Kelly sells women's accessories. Her prospective buyer is smiling and is eyeing the samples Kelly brought with her to the sales presentation. The buyer's legs are uncrossed, and her arms are relaxed. What should Kelly do?
A. Continue as planned with the sales presentation B. Thank the buyer for her time and leave C. Assume the buyer will never enter the conviction stage D. Stop her planned presentation and reduce sales pressure E. Use open-ended questions to determine the buyer's objections
When backed by buying power, wants become needs
Indicate whether the statement is true or false
Weick and Westley (1999) identify three metaphors through which organizational learning can be fostered. One of those is ________, which involves testing the space between order and disorder. They happen spontaneously and allow comments and observations that would otherwise be socially unacceptable.
a. Jesters b. Improvisation c. Humor d. Small wins
Discuss the purpose of an injunction and how the two types of injunctions covered in the textbook are used