This topic contains a solution. Click here to go to the answer

Author Question: Changing an organization involves modifying the technology more than any other variable. Indicate ... (Read 101 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
Changing an organization involves modifying the technology more than any other variable.
 
  Indicate whether the statement is true or false

Question 2

Explain why shareholders are considered the stakeholder group with ultimate authority over the use of a corporation's resources.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ricroger

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

False

Answer to Question 2

The stakeholder group with ultimate authority over the use of a corporation's resources is shareholders. Legally, they own the company and exercise control over it through their representatives, the board of directors. Through the board, shareholders delegate to managers the legal authority and responsibility to use the organization's resources to create value and to meet goals. Accepting this authority and responsibility from shareholders and the board of directors makes corporate managers accountable for the way they use resources and for how much value the organization creates.





 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library