Outline the Eight Steps of the Communication Process

question 145

Essay

Outline the eight steps of the communication process.

---

Definitions:

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, usually with dividend payments that are prioritized over common stock dividends.

Common Stock

Shares that represent ownership in a corporation, usually giving holders voting rights and a share in the company's profits.

Preferred Stock

A type of share in a corporation that gives the owner a greater entitlement to the firm's earnings and assets than holders of common stock.

Dividend Growth Model

An approach to valuing a company's shares by calculating the present value of its expected dividends through discounting.