A private limited company is controlled by a Board of Directors elected by the shareholders:
A sole proprietorship is a corporation:
All general meeting other than the annual general meeting are extraordinary general meeting:
As a legal entity the corporation receives legal rights and duties:
In hierarchies people at lower levels are unable to make important decisions:
In most markets there is a definite market leader:
Industrial selations were historically the concern exclusively of the trade unions and the employers organizations:
Job production can range from small units to the building of a large cargo ship:
LLCs ar organized with a document called the "articles of organization":
Marketing theorists tend to give the word product a very narrow meaning:
Membership of trade unions is confined to workers in production:
The directors of a company are not elected by owners of the enterprise and may act individually:
The GDP of a country is defined as the market value of all final goods and services produced outside the company in an unspecified period of time:
The law of business organizations originally derived from the common law of England:
The most popular form of business is a limited company:
The principals of LLCs don't use many different titles:
The responsibilities of the board of directors fall into one general category - legal:
Unemployment benefits are payments made by governments to unemployed people:
Unionisation brings only benefits and no disadvantages to the organisation: