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The Boston matrix is a model used by companies to display their product portfolio. The Boston matrix is split into four ways of classifying products. First there are stars these are products which have hi...

A Soletrader is a person that sets a business in its own name, Soletrader have limited liabitily as there is no distinction between the business and themself.  Limited liability means that if the business...

First state the defintion of a private limited company. This is guaranteed marks. Def: A type of company that offers limited liability, or legal protection for its shareholders but that places certain res...

Span of control refers to the number of subordinates reporting directly to a manager. There are two classifications which are wide span of control and narrow span of control.  Wide span has many subordina...

Bruce Tuckman (1965) suggested a four stage process by which teams will progress through in order to reach their most successful state. The four elements of this model consist of; forming, storming, normi...