List and Explain the Three Normal Forms

question 29

Essay

List and explain the three normal forms.

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Definitions:

Voting Rights

The entitlement of shareholders or members of an entity to vote on important matters concerning the organization.

Successful Franchises

Business models that have achieved significant growth and profitability by branding and licensing out their operations, products, or services to franchisees.

Expansion Opportunities

Opportunities for a business to grow, either through entering new markets, increasing product lines, or acquiring other businesses.

Sole Proprietor

An individual who owns and operates a business alone, bearing sole responsibility for its operations and liabilities.