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A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined
Types of business entity (5 C, 165 P) * People by type of organization (12 C) B. Bureaucratic organization (1 C, 19 P) C. ... Pages in category "Types of organization"
A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1]
In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). [4]
Business – organization of one or more individuals, engaged in the trade of goods, services, or both to consumers, [1] and the activity of such organizations, also known as "doing business". Types of businesses
A company limited by shares: The most common form of the company used for business ventures. Specifically, a limited company is a "company in which the liability of each shareholder is limited to the amount individually invested" with corporations being "the most common example of a limited company". [ 10 ]
What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as ...
Examples of hybrid forms of organization include: Public service organizations established by societal actors, such as (in the European context) social housing providers, public schools and hospitals. Public-sector organizations that behave in a business-like way, such as state-owned enterprises that also compete on the marketplace.
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