Question

how decisions are taken in partnership firm?
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Answer 1

Answer:

.. the same goals can be of great benefit to the long-term success of a company. ... The consensus and democratic models can take a substantial amount of time

Explanation:

Answer 2

To avoid confusion and conflict among partners, business decisions are often made by consensus, through a democratic process, or by delegation. In partnerships that include both general partners and limited partners, the general partners will usually be responsible for all decision making