Examlex
Organizations with adaptive cultures are unable to maintain a stable value system and, consequently, tend to perform poorly in the long run.
Sole Proprietorship
A type of enterprise that is owned and operated by one person, with no legal distinction between the owner and the business entity.
Corporation
A legal entity established by individuals, stockholders, or shareholders, with separate legal rights and liabilities distinct from those of its owners, used to conduct business.
General Partner
A member of a partnership who has unlimited liability and is responsible for the management of the partnership.
Limited Partnership
A business structure with at least one general partner who manages the business and assumes unlimited liability, and one or more limited partners who provide capital and have limited liability.
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