Business organization
An establishment formed to carry on advertising enterprise.

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Sole proprietorshipA organization owned and managed by a solitary individual. The oldest and most common form of organization organization.
LiabilityThe legally bound obligation to salary debts.
Lack the permanenceA sole proprietorship ends through the life that the owner.
PartnershipA organization organization own by two or an ext persons.
General partnershipMost common form of partnership whereby both partner share responsibility and liability.
Limited partnershipOnly one companion in a partnership has unlimited an individual liability.
Unlimited liabilityIf a business fails, the owner has to sell an individual property come pay turn off debts.
Limited legal responsibility PartnershipAll partners have limited liability, for this reason they do not have an individual liability for debt.
AssetsMoney and also other valuables belonging to an separation, personal, instance or business.
CorporationA legal reality owned by individual stockholders.
StockA certificate of ownership in a corporation.
Closely hosted corporationCorportation that concerns stock to only a couple of people.
Publicly hosted corporationCorporation the sells stock on the open market.
BondA officially contract promising to repay borrowed money v interest.
Certificate that IncorporationLicense to kind a corporation authorize by the state government.
ConglomerateBusiness combination merging more than three businesses the make unrelated products.
Horizontal mergerThe combination of 2 or more firms contending in the same industry for the same great or service.
Vertical mergerThe combination of 2 or an ext firms associated in various stages of creating the same great or service.
DividendThe protion that corporate earnings paid out to stockholders.
Multinational coporation, group ((MNC)Large corporation that produces and sells its goods and also services throughout the world.
Business franchiseA semi-independent company that payment fees come a parent agency in return because that the exclusive best to sell a specific product or organization in a particular area.
RoyaltyShare that earnings offered as payment to franchiser or producer that a an excellent or service.
CooperativeA service organization owned and also operated by a group of people for their common benefit.

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Non-profit organizationInstitution that features much choose a company but does not operate for the objective of make a profit.