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Describe the characteristics, age range, and behaviors displayed during Piaget's formal operational stage, and explain why scientists believe that formal thinking is based more on learning and culture than maturation.
Investment
The allocation of resources, typically money, in the expectation of generating an income or profit.
Joint Control
A situation in which two or more parties exercise shared control over a business activity, venture, or entity according to an agreement.
Subsidiaries
Companies that are controlled by another company, known as the parent company, through ownership of more than 50% of the subsidiary's voting stock.
Non-executive Director
A member of a company's board of directors who is not part of the executive team, providing oversight and valuable perspective without managing day-to-day operations.
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