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When Measured by Either the Number of People Employed or Expenses

question 45

True/False

When measured by either the number of people employed or expenses as a percentage of sales,personal selling is often the major promotional method used by American businesses.


Definitions:

Incorporators' Addresses

The physical or mailing addresses of the individuals who file the articles of incorporation, legally founding a corporation.

Defective Corporation

A corporation that has not completely complied with all legal requirements for incorporation, but may still operate as a corporation under certain conditions.

Shareholder Manager

A shareholder who also plays a direct role in the management of a company.

Passive Shareholder

An investor who holds a stake in a company but does not take part in day-to-day management or operational decisions.

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