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Observation research can provide researchers with an explanation of intended actions.
Sole Proprietor
The single owner of an unincorporated business, personally responsible for all debts and obligations of the business.
Good Will
The favorable reputation of a business that adds to its value, often considered an intangible asset.
Partnership
A lawful business arrangement involving two or more people who divide management responsibilities and profits.
Business Profits
The earnings of a business after subtracting all expenses from its total revenues, indicating the financial success of the business.
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