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Which of the following is an advantage of functional departmentalization?
Foreign Corporations
Businesses or companies that are incorporated under the laws of another country or jurisdiction but do businesses within the host country, subject to specific regulations and possibly different treatment under the law.
Promoters
Individuals or companies that take the initial steps in forming a business, including gathering resources, establishing legal entities, and soliciting investors.
Infant Corporation
A term sometimes used to describe a corporation in its early stages of development or operation.
Incorporation Papers
Official documents filed with a governmental body to legally document the creation of a corporation.
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