Examlex
Which of the following is NOT a strategy used by mature industries to manage industry rivalry?
Syndicate
A group of individuals or organizations combined to promote some common interest, often in business or finance.
Joint Stock Company
A form of business organization in which capital is divided into shares owned by shareholders, who enjoy limited liability and whose investment in the company can be bought and sold.
Manager-Managed
A management structure typically used in a Limited Liability Company (LLC) where one or more appointed managers are responsible for the company's day-to-day operations, as opposed to being member-managed.
Limited Liability Company
A business organization strategy that harmonizes the limited liability advantage of a corporation with the taxation simplicity of a partnership or sole proprietorship.
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