Understanding Management
Understanding Management
11th Edition
ISBN: 9780357033821
Author: Richard Daft
Publisher: South Western Educational Publishing
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Chapter 4, Problem 2DQ
Summary Introduction

To determine:

The comparison between a benefit corporation and a B corporation.

Introduction:

A B corporation is any for-profit entity, provided that it gets certified from a Blab and pay an applicable membership fee for it.

Whereas a benefit corporation is a type of corporation; it's a for-profit corporation which has features of adding value to its shareholders, such as accountability, transparency and purpose.

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