Examlex
The three informational roles assumed by a manager are primarily concerned with providing information outside the organization.
Company Formation
The legal process involved in starting a new corporation or business entity, including registration and obtaining necessary licenses and permits.
Limited Liability
The condition by which shareholders' responsibility for the company's debts and liabilities is limited to the amount they invested.
Ownership Transfer
The process of transferring the legal rights and titles of an asset or property from one entity or individual to another.
Less Regulation
A situation or condition where there are fewer government-imposed rules and restrictions on business activities or operations.
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