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The size and scope of the business firm and its structure, management, and possession, broadly analyzed within the idea of the agency Generally, a smaller enterprise is extra flexible, while larger companies, or those with wider possession or more formal buildings, will normally tend to be organized as companies or (much less typically) partnerships. As well as, a enterprise that needs to raise money on a inventory market or to be owned by a wide range of people will typically be required to undertake a selected authorized type to take action.
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