For a Person to Be Recognized as Having a High

question 73

Multiple Choice

For a person to be recognized as having a high degree of political skill, he or she must have the ________.

• A) ability to recognize that power in an organization does not translate into success
• B) ability to submit to the demands made by others at all times
• C) ability to influence others to enhance their own objectives
• D) ability to respect and consider the needs of others first
• E) ability to make sacrifices for the betterment of others

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and often pays dividends at a fixed rate.

Bondholders

Individuals or entities that hold debt securities issued by governments or corporations, entitling them to receive a fixed or variable interest payments and the return of the principal upon maturity.

Disposable Income

Post-tax financial resources available for household spending and savings.

Savings

The portion of income that is not spent on consumption or taxes, typically put aside for future use or investments.