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Public Corporation: Meaning, Features, Advantages & Disadvantages
A public corporation is a legally established government-owned organization that is established to offer vital services and oversee public assets.…
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Objectives of a Firm: Meaning, Goals, and Types Explained Fully
Organizational goals and objectives act more like pure guideposts . When one needs to refer to his or her purpose,…
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Detail Transaction Meaning, Transaction in Accrual and Cash
A transaction is a money event in which money, goods, or services are transferred from one party to another. It…
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What is a Proprietor? Features, Types, Advantages & Disadvantages
A proprietor is a person who owns and manages a business. The proprietor controls all business decisions, profits, and liabilities…
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Features of Business: Economic Motive, Profit Motive, Risk & More
Business forms a core part of human existence. It consists of producing, buying, and selling goods or providing services to…