In Their Landmark Work on Results and Execution, Bossidy and Charan

question 32

Multiple Choice

In their landmark work on results and execution, Bossidy and Charan (2009) conclude that organizations are abysmal when it comes to execution because of:

• A)They do not see it as critical
• B)They rely too heavily on front line managers
• C)Newer generations of talent rebel against too much structure
• D)A lack of discipline
• E)All of these

---

Definitions:

Cumulative Preferred Stock

A type of preferred stock where dividends that have not been paid in the past must be paid out to preferred shareholders before common shareholders can receive any dividends.

Par Common Stock

The face value of common stock as designated in the corporate charter, which is the minimum amount that shares can be issued for.

Total Dividend

The sum of all dividends paid out to shareholders for a specific period, representing the share of profits distributed.

Reacquired Shares

Shares that were previously issued and have been bought back by the issuing company, reducing the amount of outstanding stock on the open market.