Which of the Following Is the Difficulty in Forming a Subchapter

question 1

Multiple Choice

Which of the following is the difficulty in forming a Subchapter S Corporation?

• A)The owners cannot be residents of the United States.
• B)There can be no more than 75 owners.
• C)The stock must have a very low par value.
• D)The company must promise to pay dividends quarterly.

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Definitions:

Process Reengineering

The fundamental rethinking and redesign of business processes to achieve dramatic improvements in critical measures of performance.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, leading to greater sales or margins and/or retaining more customers.

Mass Production

A manufacturing process characterized by the high-volume production of standardized goods using assembly line techniques.

Assembly-Line System

An efficient manufacturing process where a product is assembled step by step in a sequential manner by workers stationed at fixed positions.