A Firm Can Fund an Expansion of Its Operations by

question 30

Multiple Choice

A firm can fund an expansion of its operations by

• A)issuing bonds.
• B)buying stock.
• C)paying dividends.
• D)loaning money.

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Definitions:

Referent Power

A form of influence based on the attraction one has for others, or the desire of others to identify and be associated with a person.

Empowerment

Giving people the authority, opportunity, and motivation to take initiative and solve organizational problems.

Authority

The legitimate power or right granted to an individual or organization to make decisions, command, or govern.

Opportunity

A situation or condition that puts someone in a position to achieve success or progress.