A Disadvantage of Corporations Is That Their Charters Are Only

question 337

True/False

A disadvantage of corporations is that their charters are only valid for 99 years, so corporations are less permanent than other types of businesses.

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Definitions:

Apple

A technology company recognized for its consumer electronic products, software, and online services, known for innovation and market impact.

Supply Chain

An amalgam of firms, people, undertakings, informatics, and provisions set up for the purpose of transferring a product or service from its inception to its consumer.

Macro Processes

Large-scale processes that encompass multiple functions or capabilities within an organization, often involving several business units or departments.

SRM

Supplier Relationship Management, a systematic approach for developing and managing partnerships with vendors and suppliers to improve product quality and reduce costs.