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- Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability of the debts incurred by the business.
- Partnership: A partnership is a form of business in which two or more people operate for the common goal of making profit. Each partner has total and unlimited personal liability of the debts incurred by the partnership. There are three typical classifications of partnerships: general partnerships, limited partnerships, and limited liability partnerships.
- Corporation: A business corporation is a for-profit, limited liability entity that has a separate legal personality from its members. A corporation is owned by multiple shareholders and is overseen by a board of directors, which hires the business's managerial staff.
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What are the 3 types of services?
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
What are the three main types of business organisation?
1.Sole Proprietor or Sole Trader 2.Partnership 3.Corporation or Company
What are the 3 types of room service?
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
Types of organisation?
following are the types of organisation 1-line organisation 2-line and staff organisation 3-functional organisation 4-divisional organisation 5-project organisation 6-matrix organisation 7-virtual organisation 8-free-form organisation 9-geographical organisation 10-committee organisation
Name and describe 3 types of bonds?
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What are the contemporary issues?
1. Adding value to an organisation both the labour force and the business itself 2. Manage talent within your organisation - try to attract and keep talented and hard-working people in the organisation. 3. Globalization 4. IT 5. Business Control 6. Information-workers 7. Info-management
Explain what are the types of business organisation?
Answer:=1. Proprietorship - run by a single entity and has limited financial support in his/her business.== 2. Partnership - same as proprietorship but run by more than one entity.== 3. Corporation - run under the law of a particular country and has a separate legal collection of taxes.=
What are the contemporary HRM issues?
1. Adding value to an organisation both the labour force and the business itself 2. Manage talent within your organisation - try to attract and keep talented and hard-working people in the organisation. 3. Globalization 4. IT 5. Business Control 6. Information-workers 7. Info-management
3 types of business letter?
Three types of business letters are:an inquiry lettera sales lettera cover letter
What are the different types of exporting?
TYPES OF EXPORT FINANCE 1.Export Import Bank 2.IMF- [Indian Monetary Fund] 3.World Bank 4.WTO-[World Trade Organisation] 5.IBRD-[International Bank Of Reconstruction Development] 6.ITO-[Indian Trade Organisation] 7.IFC-[International Finance Corporation]
The different types of business operation?
the three types of business operations are 1. service business 2. merchandising business 3. manufacturing business i know that coz' i'm a accountancy student ---alrain_14 rain_soriano55@yahoo.com
Types of business combination?
Types of Business Combination :-It has following four types :1. Vertical Combination.2. Horizontal Combination.3. Circular Combination.4. Diagonal Combination.
