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In particular, contractual and relational governance can help mitigate opportunism as well as support communication and information sharing. Different Business structures may be required to make less or more information public and may be bound to comply with different rules and regulations. Research and development refer to activities in connection with corporate or government innovation. Research and development constitute the first stage of development of a potential new service or product. Research and development are very difficult to manage since the defining feature of the research is that the researchers do not know in advance exactly how to accomplish the desired result. Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.
- Cleaning services are straightforward businesses that require relatively little overhead; you simply need planning, dedication and marketing to attract customers.
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