______ Status Refers to a Social Position Linked to One's

question 34

Essay

______ status refers to a social position linked to one's acquisition of socially valued credentials or skills,whereas ascribed status refers to a social position linked to characteristics that are socially significant but cannot be altered.

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Definitions:

Domestic Corporations

Companies that are incorporated and operate within their home country's jurisdiction.

Subsidiary Corporation

A company that is completely or partly owned and wholly controlled by another company, known as the parent company.

Holding Company

A company created to buy and own the shares of other companies, which it then controls.

Board of Directors

A group of individuals elected to represent shareholders and govern the affairs of a corporation.