As Managers Rise Through an Organization, They Will Probably Rely

question 32

True/False

As managers rise through an organization, they will probably rely less on their technical skills.

---

Definitions:

Market Value

The ongoing cost at which an asset or service can be traded or acquired in a market setting.

Small Stock Dividend

A distribution of additional shares of a company's stock to shareholders at no extra cost, typically less than 25% of the existing shares.

Board of Directors

A group of individuals elected by shareholders to oversee the activities and direction of a company, ensuring it operates in their best interest.

Retained Earnings

Profits that a company has kept or retained rather than distributing to shareholders as dividends.