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To improve customer service in its overseas call center, Bell Software decided to investigate the call center practices of competing companies. The team discovered that a smaller company, Bumblebee Software Inc., seemed to have outstanding customer service. The team then determined differences between the organizations and developed a plan to incorporate the best elements of Bumblebee into Bell. This illustrates
Par Value
The face value of a bond or stock as stated by the issuer, which has little relation to its market price.
Issued
The act of officially distributing or making something available, such as a public statement, document, currency, or security.
MBCA
Model Business Corporation Act, a template for state corporation statutes that provides legal guidelines for corporate governance and operations.
Articles of Incorporation
Legal documents filed with the state government to legally establish a corporation.
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