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In the garment factory of XYZ Co.,line workers are trained to be able to work at different manufacturing steps such as grading,cutting,sewing and assembling,pressing,etc.XYZ Co.'s strategy of training its workers to do different tasks is an example of which following term?
Incorporator
A person or entity that signs the articles of incorporation, thereby initiating the creation of a corporation.
De Jure Status
A legal term that means something is recognized by law, regardless of the actual situation on the ground.
Cumulative Voting
A voting system used in corporate elections that allows shareholders to allocate all their votes to one candidate or distribute them among several candidates.
Minority Shareholders
Owners of a smaller portion of a company's shares, who do not have control or majority influence over the company's decisions.
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