California state agency
California state agency requires all the companies to file the relevant document such as the memorandum of association, article association, among others. Filing of these is essential since it contributes towards the commercialization of business. For example, for corporations, they are treated separately from the owners. The owners are not liable for the liabilities and debts for their operations (Ghadas & Hassan, 2013). This is because they have separate ownership from the owners. This offers managers autonomy control over the corporation to strive towards attaining the stipulated goals of the corporation. This results in improvement of the corporation performance and productivity in the competitive environment.