Examlex
Cisco's corporate-level structure was useful in implementing its business-level strategy.
Large Corporations
Businesses that operate on a large scale, often with extensive operations, significant revenues, and a large number of employees.
C-type Corporations
Standard business corporations subject to corporate income tax, distinguished by their taxation at both the corporate and shareholder levels when dividends are distributed.
Partnerships
A legal form of business operation between two or more individuals who share management and profits.
Agency Problem
A conflict of interest arising between decision-makers (agents) and the owners (principals) due to differing goals.
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