The Process of Entrusting Work to Others by Giving Them

question 32

Multiple Choice

The process of entrusting work to others by giving them the right to make decisions and take action is referred to as _____.

• A) adaption
• B) mechanization
• C) delegation
• D) bureaucratization
• E) centralization

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.

Diluted Earnings Per Share

A measure of a company's profitability that shows the potential decrease in earnings per share if all convertible securities were exercised or converted into shares.

Stock Dividend

A dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the shares remains the same.