Examlex
Distinguish between leadership and management by identifying at least four characteristics of each.
Corporation
A legal entity that is separate and distinct from its owners, offering Limited liability to its shareholders, and having the ability to raise capital through issuing stock.
Non-profit
A non-profit organization is one that operates for a collective, public or social benefit, rather than to make money for its owners or investors.
Sole Proprietorship
A type of business structure owned and run by one individual where there is no legal distinction between the owner and the business.
Multiple Owners
A business structure where two or more individuals share ownership and responsibilities of managing the business.
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