Identify Which of the Following Statements Is False

question 53

Multiple Choice

Identify which of the following statements is false.

• A)Askew Corporation has ten unrelated shareholders, each of whom owns 10% of the outstanding stock. This corporation is a personal holding company.
• B)Stock owned by an individual, in addition to stock attributed from her spouse, parents, children, and siblings, are all counted towards whether or not the personal holding company stock ownership test has been met.
• C)S corporations and tax-exempt organizations are excluded from the personal holding company (PHC)definition.
• D)A person who holds an option to acquire stock is considered to own the stock for purposes of the PHC stock requirements.

Understand the defining characteristics and features of teams and how they distinguish from groups.

Recognize the various types of teams and their structure within an organization.

Identify the challenges associated with teamwork, including production blocking, evaluation apprehension, and social loafing.

Explain the strategies to enhance team effectiveness, including the nominal group technique and brainstorming rules.

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Definitions:

Personal Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Personal Adequacy

A sense of self-sufficiency, competence, and confidence in one's abilities and qualities.

Independence

The state or quality of being self-reliant and free from outside control or support in one's actions and decisions.

Silence

The absence of any sound or noise; it can also refer to the practice of refraining from speaking as a form of communication or as a meditative technique.