Studies have found a direct link between social responsibility and profitability in business.
A business is an activity that makes a living or makes money by manufacturing or buying and selling products (such as goods or services).
The existence of a business name does not separate an entity from its owner. In other words, the company owner is responsible and liable for the debt incurred by the company. Acquiring a debt allows creditors to trace the personal property of the owner. The corporate structure does not allow corporate tax rates. The owner is personally taxed on all income from the business. This term is also commonly used colloquially (although not by lawyers or civil servants). ) calling the company a corporation or a cooperative.
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