Sally,a Single Mother,opened a Florist Shop to Support Her Family

question 89

Multiple Choice

Sally,a single mother,opened a florist shop to support her family after losing her job in a corporate layoff.She is a(n)

• A)woman without a portfolio.
• B)parental refugee.
• C)reluctant entrepreneur.
• D)independent refugee.

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Definitions:

Corporate Assets

Resources or valuables owned by a corporation, which can include cash, equipment, property, and intellectual property.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights such as voting on corporate matters and receiving dividends.

Board of Directors

Elected by the corporation's shareholders, this assembly is responsible for governance and pivotal decision-making within the company.

Officers

Individuals appointed to manage day-to-day operations and make executive decisions in an organization or corporation, such as CEOs, CFOs, and COOs.