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______ are businesses that buy goods and resell them without changing their form.
Merchandising
_______ combine two or more types of business models.
Hybrid Ventures
________ are involved in farming, fishing, and raising animals.
Agriculture
What operates under special structures such as cooperatives, joint ventures, and non-profit organizations.
Special Corporations
Service
It can be categorized based on the main activity the business performs.
Entrepreneurial Ventures
It is formed by two to four people who share ownership, profits, and responsibilities.
Partnership
They make the products before selling them.
Manufacturing
It may be profit or non-profit, stock or non-stock.
Corporation
A _________ issues shares to owners, who are known as stockholders, and domestic or foreign.
Stock Corporation
It includes businesses such as laundry shops, auto repair, beauty salons, banks, and schools.
Non-Professional Services
A business with at least one general partner.
Limited Partnership
These require licenses or special skills, such as doctors, accountants, and consultants.
Professional Services
All partners manage the company and share unlimited personal liability for its debts and obligations.
General Partnership
A _________ does not issue shares and is typically formed for non-profit purposes.
Non-Stock Organization