Individual Ownership: As the name suggests, such type of business is owned & operated by one person. This is the oldest and simplest form of business organization. The businessman invests capital, employs labor & machines. Stance owner alone enjoys the profits and suffers the losses in his business.
Light, Le Corbusier was a Swiss-French architect and urban planner who was a huge influencer in the evolution of what is now called the modern style of architecture.