Despite a drop in sales over the past few years, Wisconsin Christmas tree farms still produce the fifth most trees of any state in the country. The size and scope of the business firm and its structure, management, and ownership, broadly analyzed in the theory of the firm Generally, a smaller business is more flexible, while larger businesses, or those with wider ownership or more formal structures, will usually tend to be organized as corporations or (less often) partnerships.
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Limited liability companies (LLCs) in the USA, are hybrid forms of business that have characteristics of both a corporation and a partnership. A cooperative is a business organization owned …Read More »