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Ryan works for a small consulting company. They want to do a better job of tracking their clients and the jobs they have bid on and either won or lost. There are no processes in place right now, and all users (consultants and managers) have different ideas. What is the best systems development approach for Ryan's company?
Issuing Stock
The process by which a company sells new shares to investors to raise capital, often through a public offering.
Corporation
A legal entity separate from its owners, with rights to own property, incur liabilities, and sell shares.
Partnership
A lawful business arrangement involving two or more people who divide both management responsibilities and earnings.
Proprietorship
A business owned and operated by a single individual, also known as a sole proprietorship.
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