Explain any five factors which have to be kept in mind while choosing an organizational type? 500 words
Explain any five factors which have to be kept in mind while choosing an organizational type? 500 words
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explain any five factors which have to be kept in mind while choosing an organizational type? 500 words
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Step 1 Introduction:
Organizational types are the different ways in which businesses can be set up. The three most common types of organization are sole proprietorships, partnerships, and corporations.Each has its own advantages and disadvantages, which must be considered when deciding which type of organization is right for your business.
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