A ________ existed when there was an honest attempt to comply with the mandatory provisions of the corporate statute, yet the attempt still failed in some material respect.
A. de facto corporation
B. close corporation
C. de jure corporation
D. corporation by estoppel
Answer: A
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Discuss inappropriate performance measures and how to avoid them
In firms with multiple SBUs, the first step in strategic planning is for top management to ________
A) recruit and hire the right personnel B) examine historical data C) establish a mission for the entire corporation D) allocate resources to the company's various SBUs E) establish marketing's short-term objectives
A ______ strategy means an organization is growing aggressively in its existing line(s) of business.
a. integration b. diversification c. concentration d. stability
The primary purpose of measuring sales force productivity is to:
A) calculate the number of calls each salesperson makes every quarter B) compare the number of sales presentations each salesperson makes C) calculate the firm's total sales volume for a specific period of time D) analyze the profitability of each salesperson's sales volume E) assess the ratio of profits to sales for the sales force