The largest and most active stock market in the world. Business structure whose chief advantage is its exemption from paying taxes. The main disadvantage is that it is subject to a strict set of regulations. Designed generally for religious organizations, educational institutions, and social welfare organizations. Cost incurred in the creation of a corporation, including legal fees, registration fees, and fees to underwriters.
Examples are rent, utilities, and insurance.
Business owned by two or more people who are jointly liable for the debts and assets of the company. A legal protection for a new product that prevents it from being copied for 17 years after its introduction. A marketing strategy that defines a company or a product. A brief written message sent to reporters, editors, producers, and other members of the media that describes something newsworthy about a company or individual, the objective of which is to gain media exposure. The original amount of money borrowed or invested.