How Is a Corporation Different from Most of the Other

question 6

Essay

How is a corporation different from most of the other forms of business organisations?

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Definitions:

Socialization Process

refers to the procedure by which an individual learns and acquires the norms, values, behavior, and social skills appropriate to their social position.

Financial Success

The achievement of financial goals and the accumulation of wealth or resources to a level deemed successful by individual or societal standards.

Mission

The fundamental purpose of an organization, clearly stating its goals and guiding principles.

Socialization Process

The process by which individuals learn and adopt the norms, values, and behaviors appropriate to their society or culture.