Special Interest Groups Are

question 95

Multiple Choice

Special interest groups are:

• A)internal stakeholders.
• B)disgruntled employees.
• C)external stakeholders.
• D)governmental stakeholders.

Understand the difference between stock dividends and stock splits.

Recognize the accounts used to record dividends and their impact on financial statements.

Understand the reasons behind issuing stock dividends.

Learn the implications of declaring dividends on company liability and equity.

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Definitions:

Philanthropy

The act of donating money, goods, services, and time to support causes beneficial to the public good, often aimed at improving welfare and quality of life.

Social Responsibility Pyramid

A theoretical framework suggesting that businesses have multiple layers of responsibilities, ranging from economic, to legal, ethical, and philanthropic duties.

Bottom Level

The lowest tier or position within a hierarchical structure, often referring to entry-level positions in an organization or the base layer of a system.

Strategic Planning Process

A systematic approach used by organizations to define their strategy, direction, and decision-making on resource allocation to pursue their goals.