Examlex
In an open internal labor market,every available job is advertised throughout the organization,and anyone can apply.
Two-Thirds Vote
A voting requirement where two-thirds of the members present must agree in order for a proposal or motion to pass.
Unanimous Vote
A unanimous vote occurs when all members of a decision-making body agree on a proposal or decision, indicating full support or approval.
Outside Directors
Board members of a corporation who are not part of the company's day-to-day operations, offering independence and oversight.
Ownership Interest
A party's legal share in or claim to a company, property, or asset, entitling them to certain rights such as profits, voting, and transfers.
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