The Macro Level of Business Power Resides in

question 42

Multiple Choice

The macro level of business power resides in

• A)the Federal government.
• B)the overall corporate system.
• C)corporate CEOs.
• D)particular industries.

Recognize the liability of promoters and incorporators in relation to preincorporation contracts and after incorporation.

Describe the process and significance of the secretary of state's approval of articles of incorporation.

Identify the concept of watered shares and the responsibility of the board of directors in share valuation.

Explain the process of capitalizing a newly formed corporation, including issuing equity and debt securities.

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Definitions:

Scenario Forecast

A planning tool involving the analysis of future situations by considering different plausible states of the world or business environment.

Multiple Predictor Estimates

A method in statistics and forecasting using various predictors or variables to estimate an outcome.

HR Specialists

Professionals within the human resources field who are focused on specific areas like recruitment, training, benefits, or labor relations.

Delphi Technique

A structured communication technique originally developed as a systematic, interactive forecasting method which relies on a panel of experts.