The Model Business Corporation Act states: "All corporate powers shall be exercised by or under the authority of, and the business and affairs of the corporation managed by or under the direction of its:

a. shareholders.".
b. officers.".
c. board of directors.".
d. executive committee.".


c

Business

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Answer the following statement true (T) or false (F)

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What is the following descriptor an example of?

An organization that has widespread use of project teams and networks that typically separate functions and hierarchical levels, leading to greater flexibility. a. networked organization b. bureaucracy c. boundaryless organization d. adhocracy

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Indicate whether the statement is true or false.

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Indicate whether the statement is true or false

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