A Corporation Owned by Very Few Stockholders Is Called A(n)

question 13

Short Answer

A corporation owned by very few stockholders is called a(n) ____________________ corporation.

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Definitions:

Cross-Trained

Refers to individuals or employees who have been trained in multiple skills or job functions, enhancing their versatility within an organization.

Service Processes

The sequence of steps or actions taken to deliver a service to customers.

Strongly Committed

A state or quality of being dedicated or devoted to a task, cause, or objective with high levels of engagement and enthusiasm.

Flexible Manufacturing Systems

Advanced production systems characterized by versatility in equipment and operations to efficiently produce varied products in small quantities.