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The Scientific Approach to Management Is Sometimes Referred to As

question 31

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The scientific approach to management is sometimes referred to as:


Definitions:

Partnership

A statutory business form that includes shared management responsibilities and profit distribution among several individuals.

Proprietorship

A business model where a single individual owns the company and is responsible for its assets and liabilities, also known as a sole proprietorship.

Single Individual

Refers to one person acting in a capacity, either personally or legally, without partnership or company.

Business

An organization involved in the trade of goods, services, or both to consumers.

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