Under the Revised Model Business Corporation Act, which of the following items of information must be included in a corporation's articles of incorporation (charter)?
A. Name and address of each preincorporation subscriber.
B. Nature and purpose of the corporation's business.
C. Name and address of the corporation's incorporator.
D. Election of either C corporation or S corporation status.
Answer: C. Name and address of the corporation's incorporator.
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A manufacturing firm aims to become a high-performance work system. To do this, a survey team asks employees for comments and suggestions on how they can improve the firm. Some of the newest hires say they feel left out of decision-making processes, while some of the experienced employees say their objections towards the firm switching to cheaper manufacturing equipment went unheard. Which of the following conditions would help the firm strengthen the formation of its high-performance work system?
A. The newest employees should be encouraged to focus on their tasks rather than being involved in improving work methods. B. The management should allow experienced employees to participate in planning changes in equipment, layout, and work methods. C. The new employees should be left out of planning changes because they are not accustomed to the firm's way of doing things yet. D. The firm should hire a third party to gain an outsider's assessment on what needs to be done. E. The survey team should ignore the employee comments and push for the changes they would like to see instead.
Manufacturing Global uses three assessments and an interview to select shift supervisors. Each part of the selection process is weighted relative to its importance in the selection process. A high score on one part of the selection process can offset a lower score on another part. The organization is using which type of selection decision making process?
A. Compensatory B. Multiple-cutoff C. Multiple-hurdle D. Combination