The reduce-market-focus strategy prescribes a defensive strategic market plan that involves narrowing market focus and trimming market share in an effort to improve profit performance
Indicate whether the statement is true or false
TRUE
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A corporation may issue a stock dividend for which of the following reasons?
a. It may be short of cash and unable to pay a cash dividend. b. It may want to increase the marketability of its stock by raising the price per share. c. It may have a large debit balance in Retained Earnings and the directors may want to transfer part of this balance to the common stock account. d. It may want to increase the stockholders' ownership in the corporation.
Chapter 12's "FYI: Are Ya Havin' a Laugh?" feature proves that at times, a sense of humor is the best approach when dealing with the Washington press corps
Indicate whether the statement is true or false
Recalling Chapter 17's "FYI: When 'No Comment' and 'Comment' are Equally Catastrophic," what do most public relations professionals consider to be the cardinal rule for communications during a crisis?
A) Apologize. B) Say, "No comment." C) Tell it all and tell it fast. D) Use a neutral spokesperson.
Earnings per share of common stock (assuming no convertible or other potentially dilutive securities outstanding)
a. equals net income attributable to common stock divided by the weighted average number of common shares outstanding during the period. b. equals net income attributable to common stock divided by the number of common shares outstanding at the beginning of the period. c. equals net income attributable to common stock divided by the number of common shares outstanding at the end of the period. d. all of the above. e. none of the above.