Probabilities and Decision Making in a Company Board

What are the voting rules in a company board with 4 members?

How is the final decision determined in case of a tie?

Answer:

The voting rules in a company board with 4 members are that if there is a majority vote, that decision prevails. However, in case of a tie, the CEO's (Abigail) vote is the tie-breaker.

Explanation:

When a company's board consists of 4 members (Abigail, Benoit, Charlie, and Debra), each member has a voting right. If there is a majority vote either for or against a decision, that decision is implemented. However, if there is a tie where two members vote in favor and two members vote against, Abigail's vote as the CEO becomes the decisive vote.

The final outcome of a vote in a 4-person company board can lead to 8 different combinations of decisions. In each scenario, the votes of the members determine whether the final decision is a Yes or No. The CEO's vote plays a crucial role in breaking ties and ensuring a resolution.

Understanding the probabilities and decision-making processes within a small company board setting can shed light on the dynamics of leadership and decision-making under various circumstances.