Wings2Go Corporation Fails to Hold an Organizational Meeting

question 72

Multiple Choice

Wings2Go Corporation fails to hold an organizational meeting.In this circumstance,at common law Wings2Go is most likely

• A)a corporation by estoppel.
• B)a de facto corporation.
• C)a de jure corporation.
• D)ultra vires.

---

Definitions:

Centralization

The organizational structure where decision-making authority is concentrated at the top levels of management.

Subsidiary Human Capital

the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to a subsidiary organization.

Transnational Strategy

A business approach where a company seeks to achieve global reach, efficiency, and local responsiveness simultaneously.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, often due to unique resources, capabilities, or strategies.