20190926153504_PASSIVE VOICE.docx - PASSIVE VOICE Most business corporation are established with the goal of providing a return for its shareholders in

20190926153504_PASSIVE VOICE.docx - PASSIVE VOICE Most...

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PASSIVE VOICE Most business corporation are established with the goal of providing a return for its shareholders in the form of profit The key point here is oversight,the board is not expected to actually operate the business This concept is known as limited liability and is one of the main advantages of the corporation as a form of doing business. COMPANY STRUCTURE Company structure identifies each job,its function and where it reports to within the organization.This structure is developed to establish how an organization operates and assists an organization in obtaining its goals to allow for future growth. The corporate structure of a business is important because it determines the ownership, control, and authority of the organization. SHAREHOLDERS Shareholder is a person, company or organization that holds stock in a company. Also called a stockholder,they have the right to vote on certain matters with regard
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  • Fall '18
  • maha

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