Examlex
The Theory of Constraints would support the statement that a chain is only as strong as its weakest link.
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.
Limited Liability
A corporate structure where an individual's financial risk in the business is restricted to their investment in the company.
Corporation
A legal entity, created by the state, whose assets and liabilities are separate from its owners.
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