Illustrate the Difference Between Majority and Cumulative Voting Systems Using

question 63

Essay

Illustrate the difference between majority and cumulative voting systems using as an example a shareholder who owns 1,000 shares and an election in which three directors will be selected. Why might shareholders care about which voting system is adopted?

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Definitions:

Overtime

Hours worked in addition to one's standard work schedule, often compensated at a higher pay rate according to labor laws.

Small Paper Cut

A minor injury caused by the edge of a piece of paper, often used metaphorically to describe a minor but irritating problem.

Machine Pacing

The rate or speed at which work is expected to be completed, dictated by the automated systems or machinery used in the production process.

Task Repetition

The repeated execution of a particular task or set of tasks, often leading to efficiency improvements but sometimes resulting in boredom or strain.