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

Dividend: A dividend is the share of profits distributed to shareholders after taxes have been paid. It serves as a reward for the investment made by the shareholders.

Shareholders: Shareholders are individuals or entities that own shares in a company. They invest their own money in return for the hope of receiving dividends and profit from the company's growth.

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. Run the business on behalf of the shareholders: The Managing Director is responsible for ensuring the business operates effectively and meets its objectives for the benefit of its shareholders.

2. Responsible for day-to-day activities of business: The Managing Director oversees daily operations, works closely with department heads, and ensures that the company's strategies are implemented efficiently.

1. Language used may not be appropriate or may be misinterpreted: Clear and simple language should be used to avoid confusion or miscommunications.

2. Wrong medium chosen – using too much jargon: Choosing the wrong method to deliver a message can lead to misunderstandings; it's important to select the medium that matches the audience's comprehension level.