What is the source of start-up for a S-Corp
What will be an ideal response?
Ans: initial shareholders - but cannot issue different classes of stock with different financial provisions
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In which of the following cases does an organization take a narrow view of corporate social responsibility?
A) BCT opts to offshore many of its processes in order to gain a dividend for its stockholders. B) FoodStop does not raise the price of an essential product even though the manufacturing costs have increased. C) JR Manufacturing keeps employee salaries low, but sponsors well-digging programs in Africa. D) LMN is able to support several local charities by raising the costs of all its products. E) Bea Inc. keeps its product prices low in order to maintain its competitive advantage over its competitors.
An operating plan:
A) translates business ideas into concrete relatively short-term projections. B) backs up financial projections with a great deal of detail. C) concentrates on broad strategic issues despite its shorter term focus. D) a and b