What Are Some of the Matters Involving Fundamental Changes in the Corporation

question 102

Multiple Choice

What are some of the matters involving fundamental changes in the corporation and requiring shareholder approval?

• A) Amendments to articles of incorporation.
• B) Sale or lease of corporate assets in the regular course of business.
• C) Selection of a corporate president.
• D) Removal of the corporation's officers.

---

Definitions:

Rationalization

The process of replacing traditional and emotional thought with reason and practicality, often leading to more efficient and standardized methods of operation.

Efficient Means

Methods or processes that achieve a desired outcome with the least waste of time, effort, or resources.

McDonaldization

The process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, have come to dominate other sectors of society.

McDonaldization

A term referring to the process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, are coming to dominate more sectors of society and life.