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Impressment

question 95

Short Answer

impressment


Definitions:

Corporate Form

A legal entity structure for businesses that is separate from its owners, offering limited liability and the ability to raise capital through stock.

Sole Proprietorships

A business structure where a single individual owns and operates the business, assuming all liabilities and responsibilities.

Business Organization

A structured entity formed for the purpose of conducting commercial, industrial, or professional activities, with structures ranging from sole proprietorships to corporations.

Triple Bottom Line

A framework or theory that recommends companies commit to focus on social and environmental concerns just as they do on profits, encapsulating three Ps: profit, people, and planet.

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