Definition
Kanban is a visual system for managing work as it moves through a process. The system provides visual cues about what to produce, when to produce it, and how much to produce by using cards or other signals to trigger the movement of items through the production process. Kanban helps teams visualize their workflow, identify bottlenecks, and improve efficiency by maintaining an optimal flow of work.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.