In High Power Distance Countries, Work Teams Fare Best If

question 62

True/False

In high power distance countries, work teams fare best if leadership roles are flexible and deemphasize hierarchical authority.

---

Definitions:

Retained Earnings

Retained earnings refer to the portion of a company's profits that are kept by the company instead of being paid out as dividends to shareholders, often used for reinvestment in the business or to pay down debt.

Dividend Payout Ratio

A financial metric that shows what portion of a company's net income is paid out to shareholders in the form of dividends.

Total Debt

The sum of all liabilities, including both short-term and long-term debts, owed by a company.

Sustainable Rate Of Growth

The maximum rate at which a company can grow its sales, earnings, and dividends without increasing its debt or equity.