The Board Determines Corporate Policy in a Number of Areas

question 24

Multiple Choice

The board determines corporate policy in a number of areas, including:

• A) selecting and removing officers.
• B) determining the corporation's capital structure.
• C) initiating fundamental changes.
• D) declaring dividends.
• E) All of these.

Differentiate between equity and need allocation standards and their implications for coalition stability and member satisfaction.

Evaluate the effects of relationship dynamics on the formation and stability of coalitions.

Discuss the process of recruiting coalition members through explicit offers and the considerations involved.

Explain why coalitions form, their properties, and their significance in organizational and strategic contexts.

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Definitions:

Productivity

A measure of average output or real output per unit of input. For example, the productivity of labor is determined by dividing real output by hours of work.

Land Taxes

Taxes imposed on property owners based on the value of their land, commonly used by governments as a source of revenue.

Incentive Function

The inducement that an increase in the price of a commodity gives to sellers to make more of it available (and conversely for a decrease in price), and the inducement that an increase in price offers to buyers to purchase smaller quantities (and conversely for a decrease in price).

Rental Payments

Rental payments are periodic payments made by a tenant to an owner for the use of property, such as for housing or commercial space.