A Rights Offering Is

question 71

Multiple Choice

A rights offering is:

• A) the issuing of options on shares to the general public to acquire stock.
• B) the issuing of an option directly to the existing shareholders to acquire stock.
• C) the issuing of proxies which are used by shareholders to exercise their voting rights.
• D) strictly a public market claim on the company which can be traded on an exchange.
• E) the awarding of special perquisites to management.

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Definitions:

Organization-Wide Norms

Accepted standards of behavior and practices that are shared across all levels of an organization.

Power

The ability or capacity to influence or control the behavior of others, often through the possession of authority or resources.

Habit

A regular behavior or practice that is done frequently and often unconsciously.

Culture

A complex system of values, beliefs, behaviors, and artifacts that characterizes a society or an organization.