A Management Training Program That Gives Managers Assignments in a Variety

question 151

Multiple Choice

A management training program that gives managers assignments in a variety of departments in order to expose them to different functions within the organization is called

• A) job enlargement.
• B) vestibule training.
• C) job rotation.
• D) an apprenticeship program.

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Definitions:

Stock Dividends

A distribution of a company's earnings to shareholders in the form of additional shares, rather than cash.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.

Retained Earnings

Retained Earnings represent the cumulative amount of net income earned by a company that is reinvested in the business, not distributed to shareholders as dividends.

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid in a given period and must be paid out before dividends to common stockholders.