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Define and explain the four basic functions that constitute the management process? What is a partnership? List four advantages and disadvantages of operating a business

Define and explain the four basic functions that constitute the management process?
What is a partnership? List four advantages and disadvantages of operating a business as partnership?
Give an example for the following:
1. Sole business
2. General partnership
3. Privet corporation
4. Public corporation
5. S- corporation
6. Limited liability corporation
7. Profisional corporation

Explain how differences in import-export balances, exchange rates, and balance of payments?

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