The Opportunity to Move Up the Ladder in an Organization

question 35

Multiple Choice

The opportunity to move up the ladder in an organization is often not available due to

• A) downsizing
• B) mergers
• C) tendency of management to require employees to develop their own competencies
• D) all of these

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Definitions:

Stock Acquisition

The process of purchasing shares of a company, thereby obtaining a portion of its ownership.

Voting Control

The power to influence or determine outcomes within an organization or governing body through the right to vote.

Commerce Clause

A provision in the U.S. Constitution that grants Congress the power to regulate trade between states, with foreign nations, and among Indian tribes.

Wickard V. Filburn

A landmark Supreme Court case in 1942 that greatly expanded the power of the federal government to regulate economic activity under the Commerce Clause.