Owners/founders Can Be Minority Stockholders in a Corporation but Never

question 89

True/False

Owners/founders can be minority stockholders in a corporation but never lose their final authority or control over business decisions because they are the owners.

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Definitions:

Sales Department

The division of a business that is responsible for selling products or services and generating revenue.

Expense Allocation

The process of distributing or assigning costs to different departments, projects, or cost centers within an organization.

Profit Margin

A financial metric used to assess a company's profitability by calculating the ratio of net income to revenue.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenue.