Using Effective Control Systems, Managing a Firm's Resource Portfolio, and Building

question 40

Multiple Choice

Using effective control systems, managing a firm's resource portfolio, and building an entrepreneurial culture are important

• A) strategic leadership actions
• B) corporate governance processes
• C) Securities and Exchange Commission requirements
• D) ways to develop a successful top management team

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Definitions:

Corporations

Business entities that are legally recognized as individual entities, separate from their owners, with the ability to own assets, borrow money, and be sued in court.

National Union

A labor union that represents workers from across the country in a specific trade or industry.

Employee Empowerment

A management practice that involves giving workers more autonomy, resources, and capability to make decisions affecting their work.

Unionism

The principles or policies of forming, joining, or acting within a labor union to protect and enhance workers' rights and conditions.