| 2)
Partnership: A partnership is a form of business
in which two or more people operate for the common goal
of making profit.
3) Cooprative
business: use a cooperative business structure:
for-profit, limited liability, but with members of the
co-op share decision-making authority.
4) Private Limited
Company (Ltd): a small to medium sized business
that is often run by the family or the small group who
own it.
5) Public Limited
Company (Plc): a business with limited liability,
A wide Spread of Sharesholders or invester is called
public limited Company.
6) Franchise:
It is new Populer Form of the business, There is Where
an individual or Small Business is given the Right To
use the Identity and sell the product and or services
of the another firm.
Organisation
Of the Business: Most businesses must accomplish
similar functions regardless of size, legal structure
or industry. These functions are often organized into
departments. Depatments are Accounting, Capital, Human
resources, Marketing and Sales, Oprations, Purchasing,
Reserch and Development, Communication and public Reletion,
internal Audit, Managment. |