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Darren, a team leader at a marketing firm, allots a project to Jack, one of his team members. However, about halfway through the project, after a progress update from Jack, Darren realizes that Jack will not be able to complete the given task before the deadline. Darren gets two other members of the team to work alongside Jack to get the project completed on time. This scenario is an example of _____.
Stock Dividend
A company's distribution of extra shares to its shareholders, as an alternative to cash payouts.
Common Stock
Represents ownership shares in a corporation, giving shareholders voting rights and a claim on a portion of the company's profits through dividends.
Market Price
The market price is the current price at which an asset or service can be bought or sold in a open market.
Stock Dividend
A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned.
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