The Purpose of Governance Mechanisms in Corporations Is To

question 44

Multiple Choice

The purpose of governance mechanisms in corporations is to:

• A) centralize company resources to the top management.
• B) reduce the scope and frequency of the agency problems.
• C) satisfy the requirements of the Securities and Exchange Commission (SEC).
• D) limit corporate growth to manageable rates.
• E) monitor the performance of the Board of Directors.

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Definitions:

Dominant Allele

A dominant allele is one version of a gene that masks the presence of a recessive allele in the pair, meaning the trait it represents is expressed even when only one copy is present.

Codominance

A genetic scenario where two alleles of a gene are expressed equally in the phenotype of the organism, neither being recessive to the other.

Polygenic Inheritance

Refers to the contribution of a variety of genes—sometimes very many—to a particular trait.

Behavioral Traits

Characteristics of behavior that are consistent and observed in individuals across different situations.