According to the Text,most Publicly Owned Large Corporations Today Tend

question 82

Multiple Choice

According to the text,most publicly owned large corporations today tend to have boards with what degree of involvement in the strategic management process?

• A) passive to minimal
• B) minimal to nominal
• C) rubber stamp type
• D) nominal to active
• E) active to catalyst

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Definitions:

Enlarged Jobs

Tasks or job roles that have been expanded to include more varied duties, often to increase employee satisfaction and productivity.

Horizontal Expansion

A business growth strategy involving the increase of production or the expansion of product lines within the same level of the supply chain.

Vertical Expansion

The growth of a company by acquiring or establishing operations within the same industry but at different stages of the production process.

Skill Variety

Describes the degree to which a job requires a variety of different activities in carrying out the work, involving the use of different skills and talents.