Examlex
Throughout American history there has been tension between control of bureaucratic action by politicians who represent citizens and bureaucratic decision making on a professional, expert basis. What are the strengths and weaknesses of giving elected officials more say in the process of policy implementation? How about the other side? What are the strengths and weaknesses of relying on policy experts and civil service employees? Does the current state of the bureaucracy lean in one direction or the other? In your opinion, is that good or bad? Explain your answer.
Business Combination
A transaction or event in which an acquirer gains control over one or more businesses, merging entities into one operational unit.
Voting Shares
Voting shares are shares of a company's stock that grant the shareholder the right to vote on corporate policy and the composition of the board of directors.
Board of Directors
A group of individuals elected by the shareholders of a company to oversee the management and provide guidance on corporate affairs.
Control
The power to govern the financial and operating policies of an entity so as to obtain benefits from its activities, often through holding a majority of voting rights.
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