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Different Types and Classification of Business Organization

This assignment tests students' understanding of how business law is applied to the running of a company.

14 Pages750 Words65 Views
   

Added on  2023-01-19

About This Document

This presentation provides an overview of the different types and classification of business organizations. It discusses the advantages and disadvantages of each legal structure and explores how different organizations are managed and funded in both public and private sectors.

Different Types and Classification of Business Organization

This assignment tests students' understanding of how business law is applied to the running of a company.

   Added on 2023-01-19

ShareRelated Documents
Business Law
Different Types and Classification of Business Organization_1
Table of Content
Introduction
Different types and classification of business organization
Advantages and disadvantages of different legal structures
Different organizations are managed and funded in both public and private
sectors
Conclusion
References
Different Types and Classification of Business Organization_2
Introduction
United kingdom is a large group of nation which concludes several divisions
and accordingly it has separate laws. Business law is one of most important
laws in this division as it provides guidelines and methods to different levels
of business organisation. It binds, protects and administers them on all levels
and keeps them out of illegal malpractices.
Different Types and Classification of Business Organization_3
Different types and classification of business
organization
Sole proprietorship: a sole trader is beneficial area for a single person
who is ambitious and passionate to follow his idea of generating monetary
rewards. Here all key decisions are taken by a single person and no
interference from any person or legal body is made.
Different Types and Classification of Business Organization_4

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