Define "promoter" in reference to a corporation
A promoter is a person who brings about the birth of a corporation by arranging for capital and financing; assembling the necessary assets, equipment, licenses, personnel, leases, and services; and attending to the actual legal formation of the corporation.
You might also like to view...
New Wave Music Company has decided to switch to an industry specialization structure. Which of the following advantages is the company now LEAST likely to enjoy?
A) The company can become more customer-focused. B) The company can build closer relationships with important customers. C) The company can better serve different industries. D) The company can better serve its major customers. E) The company can expect salespeople to develop in-depth knowledge of complex product lines.
As in the case of pensions, vacations, and holidays, there is a trend toward liberalization of health benefits. The latest trends in recent years include
a. extension of benefits to retired workers. b. added protection for catastrophic illness. c. increased amounts and duration of the benefits. d. All of the above.