Firms May Retain Large Amounts of Cash to Cover Future

question 9

Multiple Choice

Firms may retain large amounts of cash to cover future potential needs that allows a firm to avoid ________.

• A) transaction costs and financial distress costs
• B) tax payments
• C) clientele effects
• D) none of the above

Understand the importance of diversity and inclusion in an organization.

Recognize the effects of cultural values on leadership and organizational behavior.

Identify strategies to discourage intolerance and discrimination in the workplace.

Comprehend the role of gender in leadership and the existence of gender biases.

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Definitions:

Narcissistic Personality Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, the need for excessive attention and admiration, and a lack of empathy for others.

Self-Importance

An exaggerated estimation of one's own significance or value, often without regard to the reality of one's abilities or status.

Avoidant Personality Disorder

A mental health disorder characterized by persistent feelings of inadequacy, extreme sensitivity to what others think about them, and avoidance of social interaction despite a desire for closeness.

Dissociative Identity Disorder

A psychiatric diagnosis that describes a condition involving the presence of two or more distinct personality states or identities in a single individual, often a result of severe trauma.