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The Firm & Its Environment - Coggle Diagram
The Firm & Its Environment
business
goods
services
types
large
small
institution
systems
sole proprietorship
1 owner
pros
all profits
taxes
organize
cons
unlimited
partnership
'>=2'
run a business
profits
losses
authority
organize
unlimited
corporation
rights
sell
own
buy
shares
limited
stockholders
value
bankrupt
sued
set prices
hire
fire
disadvantages
2 taxation
corporation
pay
dividends
stockholders
income
records