Based on Historical Experience, Which of the Following Best Describes

question 35

Multiple Choice

Based on historical experience, which of the following best describes the "pecking order" of long-term financing strategy in Canada?

• A) Long-term debt first, new common equity, internal financing last.
• B) Long-term debt first, internal financing, new common equity last.
• C) Internal financing first, new common equity, long-term borrowing last.
• D) Internal financing first, long-term borrowing, new common equity last.

---

Definitions:

Organizational Culture

The shared values, beliefs, and norms that influence the behavior and practices of individuals within an organization.

Group Cohesiveness

The extent to which members of a group are willing to stick together and united in the pursuit of common objectives.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming primarily agrarian, manual labor-based societies into industrialized, machine-driven ones.

Management Structure

The organization of managerial hierarchies, systems, and rules within a business or institution that defines how activities such as task allocation, coordination, and supervision are directed.