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What makes a S Corporation different from a C Corporation? Describe four of the ways that an S Corp can lead to the drawbacks of an S Corporation.
Narrow Span of Management
An organizational structure where managers supervise a small number of subordinates, allowing for more detailed oversight and personalized management.
Proximity
The state of being near or close in space, time, or relationship, often impacting decision-making or behavior in various contexts.
Matrix Structure
A structure that sets up teams from different departments, thereby creating two or more intersecting lines of authority; also called a project management structure.
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