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  2. Corporate structure - Wikipedia

    en.wikipedia.org/wiki/Corporate_structure

    Choosing a structure for a company is an important decision and must be strategically thought out because it could either aid or harm the making of business. The structure must also be a good fit for the type of activities, goals, and vision of the company. [3] The organizational structure is a reflection of how conveniently business is conducted.

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its

  4. Organizational chart - Wikipedia

    en.wikipedia.org/wiki/Organizational_chart

    An organizational chart, also called organigram, organogram, or organizational breakdown structure (OBS), is a diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs. The term is also used for similar diagrams, for example ones showing the different elements of a field of ...

  5. Organizational structure - Wikipedia

    en.wikipedia.org/wiki/Organizational_structure

    An organizational structure defines how activities such as task allocation, coordination, and supervision are directed toward the achievement of organizational aims. [1] Organizational structure affects organizational action and provides the foundation on which standard operating procedures and routines rest.

  6. Corporate group - Wikipedia

    en.wikipedia.org/wiki/Corporate_group

    A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [4] and the shareholders cannot be required to perform the company's obligations.

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