Examlex
A high initial price used by companies to help recover research and development costs is called a _____ strategy.
Rules of Operation
refer to established procedures or guidelines that govern the functioning or conduct of an organization, system, or process.
Close Corporation
A business with a limited number of shareholders and no public shares, often operated more informally than public corporations but with legal protections.
State Statutes
Written laws enacted by a legislative body at the state level.
Sole Proprietorship
A type of business entity that is owned and run by one individual, where there is no legal distinction between the owner and the business.
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