When the Board of Directors Approves a Two for One

question 17

Multiple Choice

When the board of directors approves a two for one stock split, the price for each share of stock

• A)remains unchanged.
• B)increases in value.
• C)decreases in value.
• D)is guaranteed to go up within a short period of time.
• E)always drops to half of its former value.

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Definitions:

Planning Stage

The period in which detailed plans are made and preparations are undertaken for a project or event.

Three-Step Writing Process

A methodology for producing written communication that involves planning, writing, and completing.

General Purposes

The broad, overarching goals or intentions behind actions, projects, or communications.

Business Messages

Communications crafted to convey information within or outside a company.