Virtual Enterprises Use Computer Networks and Communications Technology to Bring

question 58

True/False

Virtual enterprises use computer networks and communications technology to bring people together on a project.

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Definitions:

Dividends

Profits paid out by a corporation to its shareholders as distributions.

Payments In Kind

Transactions where the payment is made in goods, services, or other non-cash forms instead of monetary payment.

Retained Earnings

The portion of net income that a company retains instead of distributing to shareholders as dividends, often used for reinvestment in the business or to pay off debt.

Cumulative Voting

A voting system used in corporate elections that allows shareholders to allocate their votes in any preferred proportion among the candidates, enhancing the voting power of minority shareholders.