Statutory close corporations typically
A. have more than 50 shareholders.
B. are managed by a board of directors with at least five directors.
C. are managed by the shareholders of the corporation.
D. may not have restrictions on the transfer of shares of their stock.
C. are managed by the shareholders of the corporation.
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The standard capacity of a factory is 9,00 . units per month. Cost and production data follow: Standard application rate for fixed factory overhead for 9,00 . units $2.00 Standard application rate for variable factory overhead for 9,00 . units .50 Actual number of units produced 8,800 Actual factory overhead incurred $22,700 What is the amount of overhead allowed for the actual volume of
production? a. $22,000 b. $22,400 c. $22,500 d. $22,700
A(n) ________ is a good or service that consumers purchase frequently with little or no advance planning
A) specialty product B) unsought product C) shopping product D) convenience product E) generic product
Philosophers distinguish between three different types of responsibilities on a scale from more to less demanding or binding. Explain these responsibilities.
What will be an ideal response?
For a particular company's resource or capability to have real competitive power and perhaps qualify as a basis for competitive advantage, it should
A. be something that a company does internally rather than in collaborative arrangements with outsiders. B. be patentable. C. be an industry key success factor and occupy a prime position in the company's value chain. D. be hard to copy, be rare and something rivals lack, be competitively valuable, and not be easily trumped by substitute resource strengths possessed by rivals. E. have the potential for lowering the firm's unit costs.