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The size and scope of the business agency and its construction, management, and ownership, broadly analyzed within the concept of the firm Typically, a smaller enterprise is more versatile, while larger businesses, or those with wider ownership or more formal structures, will often are typically organized as companies or (less typically) partnerships. As well as, a enterprise that needs to boost cash on a stock market or to be owned by a variety of people will often be required to adopt a particular authorized form to take action.

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