The Organizational Structure of a Corporation Permits

question 333

Multiple Choice

The organizational structure of a corporation permits:

• A) the company management to elect the Board of Directors.
• B) stockholders to elect the Board of Directors.
• C) stockholders to elect the officers and management team.
• D) employees (by committee) to elect the officers of the company.

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Definitions:

Participative Leadership

A leadership style characterized by involving employees in decision-making processes, fostering a sense of ownership and enhancing motivation.

Continuous Improvement

The constant search for new ways to improve work quality and performance.

Nature of the Exchange

Nature of the Exchange refers to the characteristics and dynamics of the interaction or transaction between parties, often analyzed in contexts of social, economic, or business relationships.

High LMX Relationship

A situation in leadership-management exchanges where there is a high level of trust, respect, and obligation between a leader and a follower.