Planning Is the Process of Deciding What Needs to Be

question 80

True/False

Planning is the process of deciding what needs to be done to achieve organizational objectives; identifying when and how it will be done, and determining by whom it should be done.

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Definitions:

Dividend Payout

The portion of a company's earnings distributed to shareholders in the form of dividends.

High Dividend Payout

This term refers to companies that return a large portion of their earnings to shareholders in the form of dividends.

Bond Indenture

A legal contract specifying the terms and conditions under which a bond has been issued, including the interest rate and maturity date.

Restricted

Pertains to assets or securities that are not fully transferable until certain conditions have been met, often used in reference to stocks.