Although Darren's Company Has Many Skilled, Bright Employees, They Seem

question 43

Multiple Choice

Although Darren's company has many skilled, bright employees, they seem to lack enthusiasm for their work. Which of the following should Darren implement to solve this problem?

• A)hire a pleasant manager who has achieved great results by restructuring companies like Darren's
• B)hire a pleasant manager who is knowledgeable in the latest methods of monitoring and evaluating companies like Darren's
• C)hire a charismatic manager who has excellent organizational skills and can efficiently achieve goals
• D)hire a charismatic manager who strongly believes in the company and knows how to convey this belief to others

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Definitions:

Paid-In Capital

Funds that shareholders contribute to a company in exchange for equity, beyond the par value of the shares.

Par Value

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

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having voting rights and a claim on profits.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.