If a Company Doesn't Have a Specific Person in Charge

question 44

True/False

If a company doesn't have a specific person in charge of managing ethics by the time it has 50 employees, it has failed in a key measure of ethical behavior.

Identify the correct treatment of gains or losses on disposal of a discontinued operation in financial statements.

Understand the dividend yield and its relation to net income and market price per share.

Acknowledge the challenge of classifying highly diversified firms by industry.

Understand the factors affecting the return on common shareholders' equity, including leverage and debt ratios.

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Definitions:

Poor Listening Habits

Bad practices in listening that hinder effective communication, such as interrupting, not paying attention, or jumping to conclusions.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said during communication.

High-Context Cultures

Societies where communication is heavily reliant on context, nonverbal cues, and the relationships between speakers rather than explicit words.

Low-Context Culture

A culture in which a written agreement, such as a contract, can be taken at face value.