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Coordination across functional departments becomes more complicated in smaller firms than in larger firms.
Common Stock
Equity securities that represent ownership shares in a corporation, giving holders voting rights and potential dividends but with no fixed dividend rate.
Dividend
A portion of a company's earnings that is paid to shareholders, typically on a quarterly basis, as a reward for investing in the company.
Convertible Preferred Stock
A type of preferred stock that gives holders the option to convert their preferred shares into a fixed number of common shares, generally after a predetermined date.
Common Stock
A type of equity security that represents ownership in a corporation, providing voting rights and the potential for dividend payments.
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