Global Companies Can Gain a Competitive Edge Over Other Large-Scale

question 53

True/False

Global companies can gain a competitive edge over other large-scale companies if they can reduce transportation costs.

---

Definitions:

Closely Held Corporation

A business entity owned by a small number of shareholders, where shares are not publicly traded.

Articles Of Incorporation

A method of incorporating based on a US approach and used in some jurisdictions in Canada.

Memorandum

A written document that communicates information, policies, or decisions within an organization or between entities.

Lift The Corporate Veil

A legal action to treat the rights or liabilities of a corporation as the rights or liabilities of its shareholders or directors.