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A Corporation Is a Separate Legal Entity Formed Under the Laws

question 133

True/False

A corporation is a separate legal entity formed under the laws of a particular state.


Definitions:

Efficiency

The ability to achieve a desired result or perform a task with the least amount of wasted time, effort, or resources.

Value Chain

A series of activities that companies perform to bring a product or service from conception to the marketplace.

Six Sigma

A quality standard of 3.4 defects or fewer per million products or service deliveries.

Quality Standard

A set of criteria and guidelines that outlines the specific requirements, specifications, and characteristics of a product or service to ensure it meets its purpose effectively and efficiently.

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