Question
Compare and contrast the 3 main business structures - Sole trader/proprietor, Partnership and Company - from the aspect of CONTROL OVER THE BUSINESS AND DECION
Compare and contrast the 3 main business structures - Sole trader/proprietor, Partnership and Company - from the aspect of CONTROL OVER THE BUSINESS AND DECION MAKING ABOUT THE BUSINESS.
Some points to help you frame your answer:
* which business structure allows the business owner themostcontrol over the business? why is this the case?
* which business structure allows the business owner theleastcontrol over the business? why is this the case?
* which business structures will likely require the business owner to involve other people in decision making? explain your answer.
* if a business owner wants to exercise full control over his/her business, what type of business structures should he choose?
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
