Examlex
When the CEO of Tasty Coffee and Bakery dictated that all company districts needed to increase their profitability,district managers across the country focused on improving customer service ratings in their stores by offering customer service training.This goal by the district managers of customer service ratings is an example of a tactical goal.
Convertible Bond
A category of bond which allows conversion into a specific quantity of the issuer's equity at designated times throughout its lifespan, often at the choice of the person holding the bond.
Conversion Price
The predetermined price at which a convertible security, like a convertible bond or preferred share, can be converted into common shares of the issuing company.
Market Yield
The annual income return on an investment, expressed as a percentage of the market price.
Stock Price
The cost of purchasing a share of a company's stock on the open market.
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