Examlex
Distinguish between systems software and application software.
Sole Proprietorship
A simple business structure where a single individual owns, manages, and is responsible for all aspects of the business, including liabilities.
Partnership
A form of business where two or more people agree to contribute resources to start and operate a business together.
Entrepreneur
An individual who creates, organizes, and operates a business venture, taking on greater than normal financial risks in order to do so.
Business Plan
A formal document detailing a business's objectives, strategies, target market, and financial projections.
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