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The size and scope of the business firm and its structure, administration, and ownership, broadly analyzed in the idea of the firm Generally, a smaller enterprise is extra flexible, while bigger businesses, or those with wider possession or extra formal buildings, will usually are usually organized as firms or (much less usually) partnerships. In addition, a business that wishes to lift money on a stock market or to be owned by a wide range of individuals will often be required to adopt a selected authorized type to take action.
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