Critical Management Missteps Include

question 97

Multiple Choice

Critical management missteps include:

• A) poor communication skills.
• B) reactionary behavior.
• C) inability to build a team.
• D) failure to adapt.
• E) all of these.

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Definitions:

Model Business Corporation Act

A set of model laws designed to standardize and simplify the legal structure of corporations across the United States.

Ratifies

The act of officially confirming or endorsing a decision, making it formally valid.

Adoption

In corporation law, a corporation’s acceptance of a preincorporation contract by action of its board of directors, by which the corporation becomes liable on the contract.

Novation

The act of replacing one obligation with a new one, extinguishing the original obligation.