Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages

Question

SCORPION-xisa [38]

2 years ago

9

Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages

and disadvantages of each form.

Business

2 answers:

Keith_Richards [23] · Answer 1 · 2022-03-25T14:45:46+03:00

<h2>The following are the organizational forms a company might have as it evolves from a start-up to a major corporation and the advantages and disadvantages of each form. </h2>

A sole proprietorship: Advantage: Single ownership and concentrated decision making authority; Disadvantage: Risk of permanent bankruptcy.
Partnership: Advantage: Shared responsibilities; Disadvantage: Conflicts over financial issues.
Corporation: Advantage: Multiple investors; Disadvantage: Large shares in profit.
Multinational company: Advantage: Large network; Disadvantage: Increased operational costs.

Cloud [144] · Answer 2 · 2022-03-25T16:54:03+03:00

Answer:

A sole proprietorship: Advantage: Single ownership and concentrated decision making authority; Disadvantage: Risk of permanent bankruptcy.

Partnership: Advantage: Shared responsibilities; Disadvantage: Conflicts over financial issues.

Corporation: Advantage: Multiple investors; Disadvantage: Large shares in profit.

Multinational company: Advantage: Large network; Disadvantage: Increased operational costs.

Explanation: