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Which strategy for merging two distinct cultures is most appropriate when the two merging companies are in unrelated industries or operate in different countries, because the most appropriate cultural values tend to differ by industry and national culture?
Limited Liability Corporation
A business structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.
Hybrid Business Form
A type of organizational structure that blends elements of different traditional business forms, aiming for a mix of flexibility, liability protection, and tax benefits.
Sole Proprietorship
A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.
Business Plan
A detailed document that outlines an organization's objectives, strategies, target market, financial forecasts, and operational plans.
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