₃₀

question 22

Multiple Choice

_{30. Prior to the introduction of , five workers each given an identical task could use five different methods to}
Perform the task with some methods being significantly more efficient than others.

• A) contingency management
• B) scientific management
• C) bureaucratic management
• D) information management
• E) systems management

---

Definitions:

Preference Shares

Shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits through dividends.

Doctrine of Ultra Vires

A legal principle stating that acts done beyond the scope of power of a corporation or governmental entity are invalid or void.

Corporate Law

The body of laws, regulations, and practices that govern the formation and operation of corporations.