A Program That Provides for a Relatively Rapid Progression Through

question 90

Multiple Choice

A program that provides for a relatively rapid progression through a number of managerial positions is known as a

• A)management development program.
• B)fast-track program.
• C)career advancement program.
• D)fast-mentor program.

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Definitions:

Share Repurchase

A company's decision to buy back its own shares from the marketplace, reducing the number of outstanding shares.

Capital Gains

The increase in value of an asset or investment over time, realized upon the sale of that asset.

Residual Dividend Policy

A strategy where dividends paid to shareholders are set as the remaining profits after all project financing and working capital needs are met.

Capital Budget

The process and plan for determining and allocating resources, such as funds and investments, towards major long-term expenditures or projects of a company or government.