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Which of the Following Involves the Development of a Plan

question 57

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Which of the following involves the development of a plan for converting a product idea into an actual product?


Definitions:

Proprietorship

A business owned by one person.

Partnership

A business owned by two or more persons associated as partners.

Return on Equity

Return on Equity (ROE) measures a company's profitability by revealing how much profit a company generates with the money shareholders have invested.

Net Income

This is the amount of earnings left after all expenses and taxes have been subtracted from revenue.

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