Why do so many companies choose the small state of delaware to incorporate?

Because of favorable tax laws. In Delaware, there is no sales tax. Besides, when a company is incorporated in Delaware, but does not operate in the state, it does not have to pay corporate tax; instead, it pays a much smaller franchise tax. Finally, Delaware is particularly attractive to financial companies because it has flexible usury laws (it allows financial corporations to charge higher interest rates than in other states).

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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