Coursera For Business
The word "corporation" derives from the Latin corpus, that means physique, and the Maurya Empire in Iron-Age India accorded authorized rights to enterprise entities. In most nations, there are laws that deal with small firms in a special way from large ones. They could additionally be exempt from certain legal filing requirements or labor laws, have simplified procedures in specialised areas, and have simplified, advantageous, or barely completely different tax treatment. General companions in a partnership , plus anybody who personally owns and operates a enterprise without creating a separate authorized entity, are personally liable for the money owed and obligations of the business. A parent firm is an organization that owns sufficient voting stock in one other agency to manage management and operations by influencing or electing its board of administrators; the second company being deemed as a subsidiary of the mother or father company. Many businesses are operated vi...