Answer: Into functional departments, with departmental managers who report to the CEO and small corporate staff
Explanation: In simple words, functional structure refers to the structure under which an organisation divides its work by making different departments for the core activities that are to be performed.
Under such structure, every department have employees working on a single activity they were assigned to like sales finance etc. Every department gets one manager who is liable to report to the CEO of the company.
I think so this is your holiday homework and teachers are thinking that you are doing your self
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Answer:
A short-form merger does not require the prior approval of shareholders because it involves the merger of a subsidiary corporation into its parent corporation. For a short-form merger to occur, the parent company must own at least 90% of all outstanding stock of the subsidiary.
Appraisal rights will be available when a shareholder of the subsidiary disapproves the merger. The shareholder has the right to dissent and the corporation should pay him/her the fair market value of their stock.
Shareholders of a corporation that ceases to exist when a merger or consolidation takes place and decides to exercise his/her appraisal rights is called a dissenting shareholder.
