_____ Is Necessary to Create Change, While Management Is Necessary

question 93

Multiple Choice

_____ is necessary to create change, while management is necessary to achieve orderly results.

• A) Dominion
• B) Leadership
• C) Legitimacy
• D) Administration
• E) Control

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Definitions:

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, often with set dividend payments.

Common Shares Outstanding

The total number of shares of common stock currently held by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Retained Earnings

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