Knowing to whom you report is an essential element of:
a. empowerment
b. staffing
c. controlling
d. conceptual skills
e. the chain of command
e. the chain of command
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A ________ existed when there was an honest attempt to comply with the mandatory provisions of the corporate statute, yet the attempt still failed in some material respect.
A. de facto corporation B. close corporation C. de jure corporation D. corporation by estoppel
Civil claims begin when one party files a complaint against another, usually for the purpose of:
a. having a penalty imposed. b. sending the perpetrator to prison. c. proving the perpetrator guilty. d. being awarded financial restitution.
Amy, a successful banker and educator, has decided to retire, but she is very interested in staying involved with a company "that cares." So when asked to serve on its board of directors, she gladly accepted the invitation. As a member of the board, Amy will be involved with the organization's
A. overall strategic goals and approval of major decisions. B. daily company management and employee supervision. C. overall strategic goals and global HR management. D. daily specific company goals and management of a specific department. E. oversight of sales and marketing.
Which of the following is/are true regarding the financing of a charitable organization?
a. may obtain some or all of its financing from donations (contributions) b. does not issue common stock or other forms of shareholders' equity c. does not have retained earnings d. all of the above are true e. none of the above are true