Examlex
For most state corporation statutes, the articles of incorporation may indicate different kinds of quorums for annual meetings, but in no case can the articles specify that a quorum is less than one-third of the total shares entitled to vote.
Market Demands
The total quantity of a product or service that consumers are willing and able to purchase at various price levels at a given time.
Direct Authority
The explicit power granted to an individual within an organization to make decisions, give orders, and enforce obedience, often aligned with their position in the organizational hierarchy.
Workforce
The collective group of individuals who are engaged in any form of employment, whether in a company, organization, or self-employed.
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