Which of the Following Is True of Corporate Bylaws

question 44

Multiple Choice

Which of the following is true of corporate bylaws?

• A)They only contain rules addressing how the corporation can interact with the government.
• B)They are only adopted by the shareholders of the corporation.
• C)They are not binding on the directors or shareholders of the corporation.
• D)They do not have to be filed with any government official.

Identify examples of risk-taking behaviors and their impact on organizations.

Understand the role of environmental uncertainty in organizational decision-making and strategic planning.

Understand misconceptions about retirement finances.

Recognize the importance of early savings for retirement.

---

Definitions:

Minimum Acceptable Return

The lowest return on investment that a manager or investor is willing to accept, often used in capital budgeting and investment planning.

Performance Measure

A metric or indicator used to assess the efficiency, effectiveness, and success of an organization's operations or employees.

Investment Turnover

A measure of a company's efficiency in using its assets to generate sales or revenue; the ratio of sales to investment in assets.

Income From Operations

The profit realized from a business's ongoing, core business activities, excluding deductions of interest and taxes.