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Explain the Expected Changes in the Finance Area and Their

question 8

Essay

Explain the expected changes in the finance area and their effects on managers.


Definitions:

Grapevine

Internal information channel that transmits information from unofficial sources.

Informal Communication Channel

Messages outside formally authorized channels within an organization’s hierarchy.

Stock Options Plan

A benefit plan that gives employees the option to buy company shares at a future date at a predetermined price.

Company Stock

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

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