Importance of having a legal business structure

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1. Introduction: What is the importance of having a legal business structure for the development process of a business.

2. Identify and define in your own words at least five (5) legal business structures and how they operate or manifest themselves.

3. Establish at least one advantage and one disadvantage for each structure studied. Provide an example of a model company for each type of structure. Indicate how the business environment directly and indirectly affects the company in each example.

4. Conclusion: Analyze the following statement: "Competition in business encourages the improvement of product quality and increases consumer satisfaction."

Reference no: EM133148265

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