Identify Some of the Events and Trends Currently Unfolding in Which

question 30

Essay

Identify some of the events and trends currently unfolding in which individuals can potentially spot opportunities. Provide examples.

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Definitions:

Partnership

A formally recognized business venture in which a group of individuals share in the leadership and the financial benefits.

Business Organization

A structured entity set up by individuals or shareholders to engage in business activities, usually for profit.

Death Of A Partner

An event in a partnership business that triggers the need to re-evaluate and possibly restructure the business agreement due to the passing away of one of the partners.

Remaining Cash

The amount of cash a business has available after all expenses and liabilities have been paid.