The New Era of Business Is Likely to Be Dominated

question 171

Multiple Choice

The new era of business is likely to be dominated by the:

• A)service sector.
• B)information-based sector.
• C) manufacturing sector.
• D)continued decline in productivity.

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Definitions:

Outside Directors

Members of a company's board of directors who are not part of the company's management and are typically brought in to provide independent oversight.

Preferred Stock

Stock that conveys preferences to its holders with respect to assets and dividends.

Dividends

Payments made by a corporation to its shareholders, usually derived from the company's profits.

Assets

Resources owned by a person or a company, regarded as having value and available to meet debts, commitments, or legacies.