________ Refer to Special Temporary Project Structures Established by a Company

question 43

Multiple Choice

________ refer to special temporary project structures established by a company that are isolated from the rest of the organization and allowed to operate under different rules.

• A) Skunkworks
• B) Quality circles
• C) Development projects
• D) Research partnerships
• E) Joint ventures

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Definitions:

Freeze-Out

In corporation law, a type of oppression by which only minority shareholders are forced to sell their shares.

Right Of Appraisal

The process to determine the fair market value of an asset by a neutral third party or appraiser.

Greenmail

A situation where a company buys back its own shares from a potential acquirer at a higher price than the market value to prevent a hostile takeover.

Lock-Up Option

A contractual agreement where shareholders are prohibited from selling their shares for a specified period following an initial public offering (IPO).