The Difference Between Formal and Informal Communication Is That

question 23

Multiple Choice

The difference between formal and informal communication is that

• A) informal is job related
• B) informal is not within the company
• C) formal is job related and follows the chain of command
• D) formal is not within the company
• E) formal is a form of the "grapevine"

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Definitions:

Dividend Reinvestment Plans

Programs offered by corporations that allow investors to automatically reinvest their cash dividends in additional shares of the company's stock on the dividend payment date.

Preferred Stock

A type of stock that typically pays dividends at a fixed rate and has priority over common stock in terms of dividend payments and assets in the event of liquidation.

Ex-dividend Date

The date on which the buyer of a stock is not entitled to the next dividend payment. After this date, the stock sells without its dividend rights.

Declaration Date

The specific date on which a company's board of directors announces its next dividend payment.