Examlex
The contemporary approach to operational control involves shifting the responsibility for control away from operations personnel toward separate evaluators at the end of the production process.
The Board of Directors
A group of individuals elected by the shareholders of a corporation to oversee and make decisions on behalf of the corporation.
Partnership
An officially authorized business partnership in which two or more persons co-manage the operation and profit-sharing.
Limited Liability Company
In the United States, a company framework where the owners bear no personal responsibility for the firm's financial obligations or liabilities.
General Partnership
A partnership in which the partners divide profits and management responsibility and share unlimited personal liability for the partnership’s debts.
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