Proleisis Corporation Is a Company That Has 250 Stockholders

Multiple Choice

Proleisis Corporation is a company that has 250 stockholders. Although owned by such a large number of stockholders, the major decisions of the company are taken by the 12-member board of directors. The board has enormous authority over the company, and the company functions according to the decisions of the board. Based on the given information, the company has:

A) a large span of control.
B) low power distance.
C) a strong monopoly culture.
D) a high degree of centralization.