What Is the Most Likely Explanation for Why Manufacturing Companies

question 67

Multiple Choice

What is the most likely explanation for why manufacturing companies provide so much technical skills training in Canada?

• A) low numeracy and literacy levels
• B) more and more organizations are using computers to drive up productivity
• C) change and global competition
• D) long technology product cycles

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Definitions:

Par Value

The nominal or face value of a stock or bond as stated by the issuing company, not necessarily reflecting its market value.

Legal Capital

Minimum amount of capital that a corporation must leave in the company (cannot be withdrawn by stockholders) for the protection of the creditors.

Stated Value

A value assigned to no-par stock by the company's board of directors.

No-Par Value

Refers to shares of stock that have not been assigned a specific par value by the issuing company.