The Revised Act Permits the Board of Directors to Adopt

question 23

Multiple Choice

The Revised Act permits the board of directors to adopt certain amendments without shareholder action,unless the articles of incorporation provide otherwise.These amendments would include:

• A)extending the duration of a corporation if it was incorporated when limited duration was required by law.
• B)changing each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only one class of shares.
• C)making minor name changes.
• D)All of the above.

Recognize the role and impact of technology in business operations.

Understand the concept of e-commerce and its significance in modern business.

Distinguish between value-adding and non-value-adding business activities.

Explain the significance of information systems in various business areas.

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Definitions:

Allied Health Profession

Occupations in healthcare that provide a range of diagnostic, technical, therapeutic, and direct patient care and support services.

Bureau of Labor Statistics

A government agency that provides a range of economic information related to employment, wages, and productivity.

Department of Health

A government body responsible for protecting public health, overseeing health policy and regulations, and provisioning healthcare services.

American Medical Technologists

A professional organization in the United States that certifies and supports allied health professionals, including medical technologists, phlebotomists, and medical assistants.