If a Firm Lacks a Unique Business Image,it Must Match

question 30

True/False

If a firm lacks a unique business image,it must match its competitor's prices or risk losing customers.

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Definitions:

Stock Dividend

Stock that is distributed to stockholders instead of cash or other assets.

Common Stock

Equity shares issued by a corporation as ownership evidence, granting voting rights and a share in the company's profits.

Dividends Payable

Liabilities on a company's balance sheet representing the amount of dividends declared by the board of directors but not yet paid to shareholders.

Cash Dividend

A payment made by a company out of its earnings to shareholders in the form of cash.