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In a ____________________ Partnership,partners Have Unlimited Liability for All of the Firm's

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In a ____________________ partnership,partners have unlimited liability for all of the firm's business obligations and control its operations.


Definitions:

Core Competencies

Key strengths or strategic advantages that a business or individual possesses, which are central to their ability to perform effectively and differentiate themselves in the marketplace.

Holacracy

A decentralized management and organizational approach where decision-making is distributed through self-organizing teams rather than through a traditional managerial hierarchy.

Circles

Groups or gatherings of individuals with a shared purpose, interest, or connection.

Virtual Organization

A business model characterized by a network of remote collaborations and communications among individuals or groups, enabled by digital technologies, without a centralized physical office.

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