"Bureaucracy" Was a New Term in Victorian Britain;when the Queen

question 12

Multiple Choice

"Bureaucracy" was a new term in Victorian Britain;when the queen asked for a definition she was told,

• A)"It is a system of government where important decisions are made by government officials,not politicians or kings."
• B)"It is a system of government where officials are in charge of specific departments."
• C)"Your Majesty,no one knows the clear definition."
• D)"That,Madam,is something that they have in France."
• E)"Madam,this is not something the ladies need to know."

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Definitions:

Required Rate Of Return

The minimum annual percentage earned by an investment that will entice individuals or companies to put money into a particular security or project.

Dividends

Dividends are payments made by a corporation to its shareholder members, representing a portion of the corporate profits distributed.

Dividend-payout Ratio

The percentage of net income paid to shareholders in the form of dividends.

Share Price

The price of a single share of a number of saleable stocks of a company, derivative, or other financial asset.