Couldn't find the full form or full meaning of BX? Maybe you were looking for one of these abbreviations: BWWM - BWX - BWY - BWYD - BWYH - BX/PX - BX/XIK - BXA - BXB - BXBKMA
An affiliate is an organization, business entity or individual that is related to and often controlled by a third party. This control may extend to shared management or ownership, common use of facilities and equipment, or access to other resources like fulfillment or customer service.
Member-managed LLCs vs. Manager-managed LLCs. In a member-managed LLC, all members play an active role in the day-to-day management of the company, and all members are authorized to act as agents of the company and can bind the company contractually.