Which of the Following Is Typically Not a Reason for a Corporation

question 6

Multiple Choice

Which of the following is typically not a reason for a corporation to pursue global purchasing?

• A) To Achieve Superior Quality
• B) To Achieve Better Timeliness
• C) To Experience Foreign Cultures
• D) To Lower Costs
• E) To Acquire More Advanced Technology

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Definitions:

Directors

Individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.

Model Business Corporation Act (MBCA)

A set of model laws prepared by the American Bar Association to provide a standard for the incorporation and operation of corporations in the United States.

Joint Ventures

Business agreements between two or more entities to undertake a specific project or business activity together.

Retains

From a legal perspective, it refers to keeping possession or continuing to have an attribute, quality, or condition.