Hi
Can you please help with the following question?
Think of two organizations, either large, small, or of medium size, that have different forms of ownership. Are these the ideal forms for these firms?
Thank you
The Sole Proprietorship : this kind of ownership are found in small companies where the the owner of the company is reponsible for the decision making and profit and loss of the company. it suits for few person working in the company some time the owner of the company has to work.
The Partnership let us assume there are two Partners they can equally divide the revenue that what they get from the company.if one of thePartner is losing money other one can help him and raise the bussiness.the partner may not have interest he might be there for the money sake that is called slient partner
Corporation in the Corporation the people in the organization will have the work as daily assigned duties and task they have to completed it and send to the manage or the other person and then the processing is completed.
according to the need of the company and the service provided by the company we can place the firm. in a remote region we can’t plant a corporation because of less no of employee and lack of resources.
in the metro region if we owned a small shop there are ton’s of competition in the street.
the firm should be well place so that they would be able to generate revenue.
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