Examlex
What concepts or assumptions underlie the BCG growth-share matrix? Are these concepts valid? Why or why not?
Unlimited Liability
A legal situation in which the owners of a business are personally responsible for all the debts and liabilities of the business.
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, such as corporate income being taxed first at the corporate level and then at the shareholder level when dividends are paid.
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