The Articles of Incorporation

question 10

Multiple Choice

The articles of incorporation:

• A) can be used to remove company management.
• B) are amended annually by the company stockholders.
• C) set forth the number of shares of stock that can be issued.
• D) set forth the rules by which the corporation regulates its existence.
• E) can set forth the conditions under which the firm can avoid double taxation.

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Definitions:

Leader-member Exchange (LMX)

A theory describing how leaders develop relationships with team members, leading to different levels of influence and outcomes for members.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, enhancing the motivation, morale, and performance of followers through a variety of mechanisms.

Individualized Consideration

A leadership strategy where leaders attend to the needs of each member of their team, acting as a mentor or coach to encourage personal development.

Intellectual Stimulation

The act of encouraging individuals to think critically and creatively.