Which of the Following Statements Is CORRECT

question 39

Multiple Choice

Which of the following statements is CORRECT?

• A) The main method of transferring ownership interest in a corporation is by means of a hostile takeover.
• B) Two key advantages of the corporate form over other forms of business organization are unlimited liability and limited life.
• C) A corporation is a legal entity that is generally created by a state; its life and existence is separate from the lives of its individual owners and managers.
• D) Limited liability of its stockholders is an advantage of the corporate form of organization, but corporations have more trouble raising money in financial markets because of the complexity of this form of organization.
• E) Although its stockholders are insulated by limited legal liability, the corporation's legal status does not protect the firm's managers in the same way; i.e., bondholders can sue its managers if the firm defaults on its debt, even if the default is the result of poor economic conditions.

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Definitions:

CRM

Customer Relationship Management, a strategy for managing an organization's relationships and interactions with current and potential customers.

Continuous Attention

The ongoing focus and monitoring of a specific task, project, or situation to ensure its successful progression or completion.

Social Media

Digital tools and websites that allow people to produce, distribute content, and engage in networking activities online.

Service And Product Quality

The measure of how well a delivered service or manufactured product meets the expectations of the customer.