Examlex
________ leaders usually make decisions on their own and announce them to their direct reports.
Partnership
A business organization in which two or more individuals manage and operate the business in accordance with the terms and objectives set out in a Partnership Agreement.
Limited Liability Companies
A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Distributions
The payment of dividends or other assets to a company's shareholders as determined by the board of directors.
Management Rights
The rights retained by employers, allowing them to operate and manage their business without interference from the workforce.
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