To Bring About Effective Change, Leaders Must Create an Urgency

question 47

True/False

To bring about effective change, leaders must create an urgency to change internally rather than rely on forces outside the organization to create that urgency.

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Definitions:

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock rather than cash.

Common Stock Dividend Distributable

A liability recorded on a company's balance sheet for dividends declared but not yet paid to shareholders.

Board of Directors

The Board of Directors is a group of individuals elected by the shareholders of a company to oversee the management and make major decisions.