CCR Stock Is Currently Trading at $60

question 95

Multiple Choice

CCR stock is currently trading at $60.73 per share. If CCR issues a 25% stock dividend, its new share price would be ________.

• A) $48.58
• B) $38.87
• C) $97.17
• D) $58.30

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Definitions:

Bases of Power

The foundations from which an individual or group derives their ability to influence others, usually classified into categories like coercive, reward, legitimate, expert, and referent power.

Informal Systems

The unofficial and unwritten ways that an organization operates, including social networks, practices, and norms that influence behavior and decisions.

Organizational Politics

The use of power and social networking within a workplace to achieve changes that benefit the individual or group.

Power Bases

The various sources of influence and authority an individual or organization possesses, which can affect others' behaviors and perceptions.