As a Manager, You Communicate the Values You Want to Guide

question 26

Multiple Choice

As a manager, you communicate the values you want to guide employees primarily by your ____.

• A) words
• B) thoughts
• C) emotions
• D) actions

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Definitions:

Optimal Capital Structure

The best mix of debt, equity, and other financial instruments that maximizes a company's value while minimizing its cost of capital.

Increased Benefit

An enhancement or improvement in the terms or amount of an insurance or investment product's payouts.

Bankruptcy Costs

Expenses and losses incurred during the process of declaring bankruptcy, including legal fees, loss of creditworthiness, and potential asset liquidation.

M&M Proposition I

The value of the firm is independent of its capital structure.