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A single one that owns and runs a business is often known as a sole proprietor, whether that particular person owns it directly or by way of a formally organized entity. Depending on the business wants, an adviser can decide what kind is proprietorship might be most fitted. In recent decades, states modeled some of their property and enterprises after business enterprises. In 2003, for instance, the People's Republic of China modeled 80% of its state-owned enterprises on a company-type management system. Many state establishments and enterprises in China and Russia have transformed into joint-stock companies, with a part of their shares being listed on public inventory markets. Provide world-class training developed by leading universities and firms. New research suggests that many companies are failing to give folks the instruments they should talk and collaborate. Our editors will review what you’ve submitted and decide whether or not to revise the article. #WTFact Videos In