Answer: Advantages of a corporation include personal responsibility protection, and easier access to bigger things. Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow...
Answer:
Please find the detailed answer below
Explanation:
1. False. Shareholders dont approve operational or tactical corporate decision. Some of the decisions that shareholders approve are:
Appointment of auditors (if there are any)
Appointment or re-appointment of directors.
Removal of a director or the auditor etc.
2. Companies must notify shareholders at least 10 days before the Annual General Meeting date.
3. This is known as proxy solicits
4. A QUORUM must be present, either in person or through proxies
5. Only persons whose names appear on the company's stockholder records as owners are entitled to vote
Answer:
No doubt the question is pointing at the term described,which is operating strategies concern
Explanation:
Operating strategies concern involves action plans developed at the operation strategic level to align business resources and capabilities to the long-term goals of the business.
Majority of the action plans initiated at the operational side of the business are short-term in nature,hence operational strategies concern aimed at bridging the gap between the long-term goals of top management and the short-term objectives of junior managers by developing long-term plans for operations.
Top management use certain performance measures to gauge the progress made in operating strategies concern.
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