The Basic Rules Governing How a Corporation Is Organized and How

question 6

Multiple Choice

The basic rules governing how a corporation is organized and how it conducts its business are known as _________.

• A)corporate bylaws
• B)articles of incorporation
• C)certificates of organization
• D)prospectuses

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Definitions:

Environmental Scanning

The process by which businesses monitor and analyze their external environment to identify opportunities and threats.

Technological Environmental Force

Influences in the business environment resulting from changes in technology, impacting how products are produced, marketed, and distributed.

Social Force

Factors arising from societal norms and cultural values that influence individuals' behaviors, attitudes, and interactions within a community.

Environmental Scanning

The systematic process of collecting, analyzing, and using information about external events and trends which can influence an organization's decision-making process.