Business Law: Legal Framework and Management of Business Organizations

This presentation provides an overview of Business Law, focusing on the legal framework and management of business organizations. It discusses different types of business organizations, their formation, management, and funding. The advantages and disadvantages of each type are also explored. Additionally, the presentation offers recommendations for legal solutions and highlights the importance of alternative dispute resolution. No specific course code, course name, or college/university is mentioned.

Business Law

Table of Contents
• Introduction
• Types of business organizations which are legally formed.
• How business organizations are managed and funded
• Recommendations for legal solutions
• Conclusion
• References

Introduction
Business law is mainly a legal
implementation through which all
the important methods regarding
to the civil at the corporate
matters are being covered. It
provides out important business
areas and fragments through
which the regulations are being
analysed in order to maintain the
civil laws and issues

How business organizations are formed
legally.
In all the business organizations it is important to maintain the
legal framework through which the business case been kept in
proper practice. As for the management and all the important
framework there has been seen the maximum profitability by
generating revenues through various kind of business
companies which are being mentioned as under:
• Partnership
• Sole proprietorship
• Corporation

How business organizations are managed
and funded
For the implementation of success for all the business and growth it
is important to maintain a proper management in the business
practice. For every company it is frame that funds should be
maintained in a distinct management function in in order to frame
the smooth functioning and also to maintain the proper allocations in
the management terms. All the business advancement can promote
their generation of revenues by maintaining the funding in a proper
manner. They are mentioned below:
• Partnership:
• Sole proprietorship:
• Companies

Advantages and disadvantages different
types of business organizations
The most important advantages and disadvantages regarding to
the business implication are as follows:
• Sole proprietorship: All this business practices involves
limited capital shares in order to raise their business and it
can easily be handled by a single individual are major
advantages as they will not have to share any
responsibilities. The drawback is that they cover unlimited
personal liabilities on the owners for the venture.

Recommend various legal solutions
As in all the companies it is
important to maintain a proper
friendly environment. For all the
business of organization the speedy
disposal of all the issues is the
main area and alternative dispute
resolution is a method which is cost
and time effective and helps out to
resolve the disputes in a speedy
manner it is being discussed as
under:

Conclusion
From this above PPT it is concluded that business organisation
helps how to maintain a proper size and different scope in the
organisational areas by covering the management areas for
allocating of funds. All the business practices have certain
advantages and disadvantages. Furthermore, it is also concluded
that alternative dispute resolution helps out to provide a
resolution of methods of big disputes in a speedy manner by
conciliation, mediation, arbitration and negotiation.

References
• Iwasaki, Y., 2017. Industrial organization in Iran: the
weakly organized system of the Iranian apparel industry.
Springer Singapore.
• Lin, J. and Li, W., 2019, November. Construction and
Application of Bilingual Terminology Database of Political
Field Based on Chinese–English Parallel Corpus.
In International Conference on Intelligent Computing,
Communication & Devices (pp. 332-338). Springer,
Singapore.
• Yeoh, P., 2017. The fourth industrial revolution:
technological impact and privacy and data security
issues. Business Law Review, 38(1).

Thank You