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Define a partnership in your own words. Why would founders choose a partnership over an LLC? Identify and define the different types of partnerships. Provide

  • Define a partnership in your own words. Why would founders choose a partnership over an LLC?
  • Identify and define the different types of partnerships.
  • Provide an example of a challenge faced by a small business that differs from what would be faced by a large corporation.
  • Based on what you know about your partner organization, what challenges and opportunities do you see for an organization of this type in its current context?

Remember...

  • Your initial post should be at least 150-300 (but no more than 400) words and should respond to the professor's weekly question(s). Your post must be typed directly into Canvas and may not be submitted as an attachment. You may substitute a 2-3 minute (but no more than 5 minute) video for your initial discussion post.
  • Your discussion posts are graded on six criteria:
    • Responsiveness - Is each question answered completely?
    • Quality - Is the response written clearly and in academic English?
    • Length - Is the initial post at least 200-300 words (but no more than 400 words) long OR a 2-3 minute (but no more than 5 minute) video?
    • Citations - Is the post free of plagiarism? Does the response properly use references in APA format when appropriate?
    • Evidence - Are ideas supported by outside sources or clear examples from your personal or professional experience? Are any sources you use reliable?
    • Timeliness - Is it posted by the deadline?

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