Read the information supplied and answer the questions which follow: Frank Mahon is the Managing Director of Flaxco Ltd - Leaving Cert Business - Question Question 1 - 2013

1. Dividend: A dividend is the share of the profits given to owners (shareholders) of a company after tax has been paid. It represents a portion of a company's earnings distributed to shareholders.

2. Shareholders: Shareholders are individuals or entities that own shares in a company. They invest their own money with the expectation of earning a return on their investment, typically in the form of dividends or appreciation of share value.

NOTICE:

25 June 2013

The AGM of Flaxco Ltd. will be held in The Marriott Hotel, Rathmines, on Friday 19th July 2013 at 3.00 p.m.

AGENDA:

1. Minutes of AGM 2012
2. Matters arising from minutes
3. Chairperson's Report
4. Auditor's Report
5. Declaration of Dividend
6. Appointment of Auditors
7. Election of Directors
8. AOB

Signed: Miriam Hannon Company Secretary

1. The Managing Director runs the business on behalf of the shareholders, making key operational decisions to ensure the company meets its objectives and operates efficiently.

2. They are responsible for developing and implementing the business plan, ensuring that the goals of the board are fulfilled and coordinated effectively across the organization.

1. Language Issues: The language used may not be appropriate or may be misinterpreted, which can lead to misunderstandings. For example, poorly composed messages can create confusion.

2. Listening Deficiencies: Not listening or concentrating during communication can significantly hinder the understanding of the message. Relationships suffer when one party does not pay sufficient attention, leading to information gaps.