Which One of the Following Is Not a Particularly Recommended

question 59

Multiple Choice

Which one of the following is not a particularly recommended place to obtain information when formulating a vision statement?

• A) The work of futurists as it relates to your type of work
• B) Your own intuition about developments in your field
• C) Companies that are known for unambitious business practices
• D) Internet search engine results to uncover the type of vision statements formulated by others

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Definitions:

Noncumulative Preferred Stock

A type of preferred stock where dividend payments are not required to be paid in periods when they are not declared.

Dividends Received

The payments a shareholder receives from a company out of its profits or reserves as a return on the shareholder's investment.

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.

Cash Dividend

A financial distribution from a firm's profits to its investors, typically provided as cash.