IKEA Employees Are Expected to Work Hard,inspired by an Anecdote

question 118

Multiple Choice

IKEA employees are expected to work hard,inspired by an anecdote from their Swedish founder,Invar Kamprad,in which he told how he was berated by his father for failing repeatedly to get out of bed to milk the cows on his family's farm.Then one day he got an alarm clock."'Now by jiminy,I'm going to start a new life,' he determined,setting the alarm for twenty to six and removing the 'off button.'" Invar Kamprad is an example of a ____.

• A)trend
• B)fable
• C)hero
• D)urban legend
• E)key employee

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Definitions:

Payout Ratio

A financial metric that shows the proportion of earnings a company pays to its shareholders in the form of dividends.

Internal Growth Rate

The highest amount of growth achievable for a business without obtaining external financing, based solely on reinvestment of its earnings.

Plowback Ratio

Also known as the retention rate, it measures the proportion of earnings that a company retains and reinvests in its operations rather than paying out as dividends.

Debt-equity Ratio

The ratio that exhibits the financing divide between debt and equity for company assets.