Question
Amir has plans to gather several colleagues to establish a business institution. However, not all of his colleagues have capital in the form of money.
Amir has plans to gather several colleagues to establish a business institution. However, not all of his colleagues have capital in the form of money. Meanwhile, Anto is an activist in a village who wants to empower his village community. Anto wants to open employment opportunities for youth, housewives and the elderly in his area. Anto also wants to develop his social ideas by looking for Corporate Social Responsibility (CSR) from a company.
1. What business entity or legal entity is right for Amir and Anto to establish?
2. Explain the flow and mechanism for establishing the Business Entity or Legal Entity in full!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
1 For Amir and Antos situation a suitable business entity would be a social enterprise or a cooperative 2 The process of establishing a social enterpr...
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Step: 2
Step: 3
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International Economics
Authors: Thomas Pugel
16th Edition
0078021774, 9780078021770
