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LESSON : 1 MEANING, CHARACTERISTICS AND TYPES OF A …
ddegjust.ac.in(c) Explain the various types of companies. 1.1 INTRODUCTION Industrial has revolution led to the emergence of large scale business organizations. These organization require big investments and the risk involved is very high. Limited resources and unlimited liability of partners are two important limitations of partnerships of partnerships in ...
BUSINESS ORGANIZATIONS OUTLINE
wyolaw.orgA. Generally: there are six common types of business organizations: 1. Unincorporated Business Forms: a. Sole proprietorship : one person owns the business. Many businesses are still conducted this way. i. If someone works for the sole proprietor, that person is typically an agent and a servant. b. Partnerships : the operation of business by co ...