The company that used techniques such as a profit distribution system, fixing retail prices, and endorsements and licensing connections to establish itself as an industry standard is spalding.
With the context of business law, the bdistribution of profits can be regarded as the dispensation of the profits amongst partners of partnership, members of a Limited Liability Company.
It should be noted that this can affect the employees in a company, as per the terms outlined in a profit-sharing agreement.
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