Examlex
Name and describe the principal decisions companies make regarding their individual products and services.
Specialized
Relating to a particular area of expertise or designed for a specific purpose or use.
Variety of Tasks
A range of different activities or duties that a person or machine may be required to undertake.
Personal Liability
An individual’s personal responsibility for debts or obligations. The owners of sole proprietorships and partnerships are personally liable for the debts and obligations incurred by their businesses. If their firms go bankrupt or cannot meet debts, the owners will be personally responsible for the debts.
Personal Asset
An item of value owned by an individual, including tangible assets like real estate or cars, and intangible assets like stocks or intellectual property.
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