The Process of Building and Maintaining Relationships with People Whose

question 74

Multiple Choice

The process of building and maintaining relationships with people whose interests are similar or whose relationship could bring advantages to the firm is called ________.

• A) linking
• B) socializing
• C) networking
• D) associating
• E) connecting

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Definitions:

Net Income

The total earnings or profit of a company after deducting all expenses, taxes, and losses from the total revenue.

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its shareholders as dividends.

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits in the form of cash.

Declaration of Dividends

The formal announcement by a company's board of directors to distribute profits to shareholders, specifying the dividend amount and payment date.