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*Business Ethics please help me with these i dont know how to answer that activity CASE STUDY Direction: Read and study carefully the case study-

*Business Ethics please help me with these i dont know how to answer that activity

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CASE STUDY Direction: Read and study carefully the case study- Abakada Company Abakada Company began as a small enterprise buying and selling various food products, After a few years of successful operations, it added apparel and footwear to its wares. During this initial stage, Abakada managed to work on the basis of its proprietor capital, borrowing from its bank from time to time when needed. After more years of operation, Abakada found that it needed to draw larger amounts offunds through bank borrowing, as well as to hire more personnel for the growing marketingneeds and services, apart from administrative functions like accounting, among others. The proprietor carefully weighed his options: "Shall I incorporate my business so that I canhave greater and easier access to funds, especially larger loans from banks? If I hire morepeople as my company goes bigger, will be able to manage and control well the personnelworking for me? If I begin offering ownership shares to other people outside my family. will serious disagreements arise among us in terms of products and services to offer in thefuture as well as managerial style?" These and other questions occurred to the proprietor of Abakada Company. He has approached you for advice. Guide Questions: Based on the situation above, give the owner of Abakada Company appropriate advice regarding whether or not to incorporate his business. You might wish tocategorize the pros and cons into the following: 1. business size issues 2. issues related to mission and objectives 3. procedures for incorporation 4. personnel issues 5. control issues 6. funding sources issues 7. legal and taxation issues

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