According to Collins and Porras, One of the Essential Characteristics

question 10

Multiple Choice

According to Collins and Porras, one of the essential characteristics of great companies is their relentless focus on

• A)maintaining the status quo.
• B)protecting their core capabilities.
• C)beating the competition.
• D)beating themselves.
• E)avoiding too much risk.

Understand the concepts of normative and informational social influence and identify them in real-life scenarios.

Recognize and explain the role of similarity and attraction in forming and maintaining relationships.

Identify and explain stereotypes and their impact on perception.

Understand communication patterns within relationships and predict responses based on these patterns.

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Definitions:

Non-cumulative

Referring to preferred stocks or dividends that do not accumulate or carry forward unpaid dividend amounts if they are not declared in a given period.

Preferred Stock

A category of corporate equity that takes precedence over common stock in terms of asset claims and earnings, typically offering stable dividend payments.

Par-value

The face value of a bond or stock as stated by the issuing company, which may differ from the market value.

No-par Common Stock

A type of common stock that does not have a par value assigned, representing an ownership interest in a corporation.