Privately Held Corporations

question 3

Multiple Choice

Privately held corporations

• A)always have multiple shareholders.
• B)always require a board of directors to represents its interests.
• C)raise capital through the sale of shares.
• D)none of the above

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Definitions:

Instrumental Value

Values or beliefs that are viewed as a means to achieving desired ends, guiding behavior towards achieving certain goals.

Self-Respect

A positive valuation of oneself, characterized by feelings of worth and dignity.

Self-Sufficiency

The ability to fulfill all of one's needs independently, without reliance on external resources.

Job Descriptive Index

A standardized survey instrument that measures an employee's job satisfaction across five dimensions.