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Steve is a salesperson for a large consumer products manufacturer. Steve has just taken over at new territory and is looking to begin the prospecting process. The first thing Steve should do is develop a:
Stock Split
A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.
Common Stock
Equity securities that represent ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.
Outstanding
Unsettled or remaining due; not yet paid, resolved, or completed.
Stock Split
A decision by a company to increase the number of its outstanding shares by issuing more shares to current shareholders.
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