Scenario C

question 64

Multiple Choice

Scenario C.Felipe is the manager of Pawlicious,a bakery that specializes in cookies for cats and dogs.As the manager of the bakery,he has many responsibilities.One day he holds a meeting where he informs the employees that the company must freeze wages for the next year.An agitated employee threatens to "make the company regret this," so Felipe asks the employee to leave immediately and makes sure that security personnel escort the employee off the premises.After the meeting,Felipe goes to meet one of the bakery's distributors to obtain information about possible new markets for the company's products.Then he represents the company at a dinner for the retiring bank officer who handled Pawlicious's account for many years.These are some of the roles that Felipe performs as a manager.
-Which of the following roles was Felipe performing when he attended the retirement dinner for the bank officer?

• A)liaison
• B)figurehead
• C)spokesperson
• D)entrepreneur
• E)disturbance handler

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Definitions:

Dividend Payout Ratio

The portion of net income distributed to shareholders in the form of dividends, expressed as a percentage of the company's total net income.

Book Value per Share

A financial measure that indicates the theoretical value per share of a company if it were to liquidate, calculated by dividing total equity by the number of outstanding shares.

Price-earnings Ratio

A valuation metric for companies, calculated by dividing the current market price of a stock by its earnings per share (EPS).

Dividend Yield Ratio

A financial ratio that indicates how much a company pays out in dividends each year relative to its stock price, typically expressed as a percentage.