Evan Has Just Been Appointed to a Virtual Team That

question 56

Multiple Choice

Evan has just been appointed to a virtual team that will use a wiki to keep in touch, and he wants to be a valuable team participant and contributor to the wiki.What is the best advice you can give him?

• A) Post controversial and provocative comments to make the wiki interesting.
• B) Verify all facts before posting them to the wiki.
• C) Expect to get recognition for everything he posts to the wiki.
• D) Because the wiki is being used only by his team members, Evan does not need to worry about using correct grammar or spelling.

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Definitions:

Net Income

The net income of a business following the deduction of all costs and taxes from its overall revenue.

Residual Dividend Policy

A method where dividends are based on earnings minus capital expenditures and working capital needs; basically, dividends are paid from leftover or residual earnings.

Target Capital Structure

The mix of debt, preferred stock, and common equity with which the firm plans to finance its investments. Companies often target a specific structure to optimize their cost of capital.

Capital Requirements

The amount of capital a bank or financial institution must hold to meet regulatory requirements and cover potential losses.