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In Practice,competing Agendas,tight Budgets,poor Interdepartmental Communication,and Politics Can Turn Strategic

question 79

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In practice,competing agendas,tight budgets,poor interdepartmental communication,and politics can turn strategic planning discussions into bar room brawls-if they are not well managed.


Definitions:

Thin Capitalization

In corporation law, a ground for piercing the corporate veil due to the shareholders’ contributing too little capital to the corporation in relation to its needs.

Nevada Corporation

A corporation chartered in the state of Nevada, often chosen for its favorable corporate laws and tax rules.

California

A U.S. state located on the West Coast of the United States, known for its diverse geography, climate, and influential entertainment industry.

Taxes

Compulsory financial charges imposed by a government on individuals or entities to fund public expenditures, providing various public goods and services.

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