For Students Not Wanting a Traditional Major in Marketing or Accounting

question 75

Multiple Choice

For students not wanting a traditional major in marketing or accounting, for example, the college decided to create a general business major, which allowed any combination of the easiest business courses to comprise the program. The competitive priority achieved in this example is:

• A) customization.
• B) delivery speed.
• C) consistent quality.
• D) low-cost.

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Definitions:

Small Stock Dividend

A dividend payment made in the form of additional shares, typically less than 25% of the existing shares.

Retained Earnings

The cumulative amount of net income kept in the company after dividends are paid and not distributed to shareholders.

Market Value

The market value at which you can buy or sell an asset or service right now.

Stock Dividend

A distribution of additional shares of a company to its shareholders, rather than paying a cash dividend.