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As a new strategy this year,HighLo Company is having its managers evaluated by the members of their teams.This decision was made to give employees an opportunity to anonymously share information about how they are being managed.HighLo most likely has not considered that this type of performance evaluation has which disadvantage?
Charter Amendments
Changes or modifications made to a corporation’s charter or articles of incorporation, typically requiring approval from shareholders and/or regulatory authorities.
Strict Liability
A legal principle that holds a party responsible for damages or harm caused by their actions or products, without the need to prove negligence or fault.
Cash-Out Combinations
Financial arrangements, often in mergers and acquisitions, where shareholders receive cash instead of shares of the new or acquiring company.
Publicly Held Corporation
A corporation whose shares are publicly traded on a stock exchange, allowing for broad ownership by investors.
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