The Avoiding Strategy Entails a _________ Concern for Your Interests

question 101

Multiple Choice

The avoiding strategy entails a _________ concern for your interests and a _________ concern for the interests of the other party.

• A) low, low
• B) low, high
• C) high, low
• D) high, high
• E) moderate, moderate

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

Net Income

The amount of money a company retains after subtracting all expenses and taxes from its gross revenue.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements.