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Explain two possible limitations associated with establishing internally consistent compensation systems.
Terminated
Refers to the action of ending or concluding something, such as employment, contracts, or legal obligations.
Sole Proprietorships
A type of business owned and operated by one individual, where there is no legal distinction between the owner and the business.
Corporations
Legal entities that are separate and distinct from their owners, providing limited liability, easy transferability of shares, and perpetual existence.
Joint Ventures
A business agreement between two or more parties to develop a new entity and new assets by contributing equity.
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