Some of the Features of Hierarchical Mobility Paths Include

question 29

Multiple Choice

Some of the features of hierarchical mobility paths include:

• A) they are easier to administer
• B) the prospect of promotions can motivate employees
• C) they may not be useful in flat organizational structures
• D) all of these

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Definitions:

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends but typically does not have voting rights.

Par Value

The nominal or face value of a bond, share, or coupon as stated by the issuer.

Market Price

The up-to-the-minute market price for assets or services open for buy or sell transactions.

Dividends

Funds distributed by a company to its shareholders from its profits.