Examlex
A surgical team was operating in a rural hospital without a backup electrical generator.The power went out.To provide light for the surgery,they collected all the cell phones in the hospital and turned them on.The operation was able to proceed because the surgical team avoided _____ and _____ the problem.
Corporate Business Structure
Corporate business structure refers to the legal organization of a company, often characterized by the issuance of shares, a board of directors, and liability protection for its shareholders.
Productive Contribution
The input or service provided by a factor of production towards the making of goods and services.
Corporate Form
A legal structure for businesses recognized as separate entities from their owners, providing limited liability protection and enabling easier access to capital.
Cost Efficient
Achieving a specific goal or output with minimum expense or least waste.
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