An Increasingly Large Number of Firms Are Shifting Their Organizational

question 10

Multiple Choice

An increasingly large number of firms are shifting their organizational focus from ________ to ________.

• A) product management; functional management
• B) product management; geographic management
• C) brand management; customer management
• D) geographic management; functional management
• E) global management; regional management

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Definitions:

Preference Rights

Rights giving certain shareholders or bondholders a priority claim over assets or earnings, typically in the event of liquidation or dividend distribution.

Authorized Shares

The maximum number of shares a corporation is legally allowed to issue, as specified in its articles of incorporation.

Paid-In Capital

The total amount of money that shareholders have invested in a company through the purchase of stock.

Issue Price

This refers to the price at which new securities are issued to the public or to investors by the issuing company.