Examlex
The number of shares authorized are always greater than or equal to the number of shares outstanding,which are always greater than or equal to the number of shares issued.
Disadvantages
The negative or less favorable aspects of a situation, decision, or business strategy.
Franchisor
A business entity that allows individuals or other businesses to operate a location or outlets under its brand name, providing a business model, brand, and support in exchange for fees and adherence to its operational guidelines.
Loss Of Control
The reduction or elimination of an individual's or entity's power to make decisions in a company or over its assets.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
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