In Common Law Countries

question 21

Multiple Choice

In common law countries:

• A) directors and shareholders are represented on the board of directors.
• B) the legal framework is less flexible.
• C) the legal framework has not kept pace with technological developments.
• D) shareholders have little say in the management of the company.

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Definitions:

Alternatives

Different options or strategies available for consideration when making a decision.

Machiavellianism

is a personality trait characterized by a manipulative nature, a lack of morality, and a focus on personal gain.

Networking

Building and maintaining relationships and connections with others, typically for professional or social purposes.

Referent Power

A form of influence based on identification with, adoration of, or respect for the leader or authority figure.