Evidence Collected After the Fact Can Be Used to Convince

question 49

Multiple Choice

Evidence collected after the fact can be used to convince an external audience that the organization is following a sound course of action in a complex and ambiguous decision context.On the positive side,this can lead to

• A) shareholders questioning management.
• B) confidence and goodwill about the company.
• C) less input from employees.
• D) insecurity about management decision making.
• E) supplying only the most pertinent information.

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Definitions:

Dissolve

The process of formally closing or ending a legal entity, such as a corporation or partnership, and distributing its assets.

Partnership

A legal form of business operation between two or more individuals who share management and profits or losses.

Operating Agreement

An operating agreement is a legal document outlining the governance and business operations of an LLC (Limited Liability Company).

Limited Liability Company

An organizational framework that blends the individual tax reporting features of partnerships or sole proprietorships with the reduced personal legal responsibility found in corporations.