When Directors Vote on Issues Affecting the Corporation, Ordinary Matters

question 105

True/False

When directors vote on issues affecting the corporation, ordinary matters generally require a greater-than-majority vote.

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Definitions:

High Power Distance

A cultural dimension that describes how people belonging to a specific culture perceive and handle inequalities in power within their social and organizational structures.

Cultural Mosaic

An individual’s unique mixture of multiple cultural identities, which yields a complex picture of the cultural influences on that person.

Cultural Identities

The sense of belonging to a group that shares similar systems of beliefs, values, and norms, which shape an individual's perceptions and behaviors.

Individualistic Culture

A culture that emphasizes personal achievements and independence over group goals and cohesiveness.