Identify and Give the Basic Characteristics of Each of the Following

question 22

Essay

Identify and give the basic characteristics of each of the following specialized types of corporations.
a.Professional
b.Public corporations
c.Non-profit corporations

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Definitions:

Apparent Power

The total power in an AC circuit, represented as the product of voltage and current without factoring in the phase angle, measured in Volt-Amperes (VA).

Applied Voltage

The voltage that is applied across a component or circuit, initiating the flow of current.

Inductive VARs

In power systems, inductive VARs (Volt-Ampere Reactive) are reactive power components generated by inductive loads, contributing to the overall power factor but not to the actual work performed.

Power Factor

A dimensionless measure of how effectively electrical power is converted into useful work output, particularly the ratio of real power to apparent power in a circuit.