Eric's Company Lays Down Stringent Rules for Employees to Follow

question 15

Multiple Choice

Eric's company lays down stringent rules for employees to follow at work.Business decisions are usually made by teams rather than individuals.And profit making is given priority over employee satisfaction.The company is at a stage where it prioritizes quick revenue generation over sustainability.In this case,Eric's company is most likely to be rated high on:

• A) individualism.
• B) long-term orientation.
• C) femininity.
• D) uncertainty avoidance.
• E) power distance.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security representing an ownership share in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Retained Earnings Account

An equity account that represents the accumulated portion of net income that a company has decided to retain, rather than distribute among shareholders in the form of dividends.

Stock Dividend

A payment made in the form of additional shares rather than cash, distributed to shareholders from the company's existing stock.

Cash Dividends Payable

A liability account on a company’s balance sheet representing the amount of dividends declared by the board of directors but not yet paid out to shareholders.