Business Types: Partnership, Sole Trader, Marketing & Organization

This essay provides an overview of different business organizations, including partnership, sole proprietorship, limited liability, and public limited liability. It highlights the key differences between these structures based on factors such as owner liability, profit sharing, and legal requirements. The essay also compares partnership and sole trader models, focusing on legal requirements, management, liabilities, and capital raising. It further discusses marketing strategies, including product, price, place, and promotion, and organizational structures, such as hierarchical and flat structures. The essay concludes by emphasizing the importance of understanding these different business types for effective business management. Desklib provides access to similar solved assignments and study resources.