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What are the characteristics of a well-developed functional strategy?
Sole Proprietorship
A company controlled and managed by one person, with the individual and the company being legally regarded as the same entity.
General Partnership
A type of business partnership where all partners share both profits and liabilities equally unless a different arrangement is agreed.
Characteristics
Fundamental attributes or properties that define or distinguish an entity or concept.
Chartered Banks
Financial institutions granted a charter giving them the right to operate and offer banking services to the public.
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