Introduction to Management and Business

1. There are 3 forms of business ownership, namely: sole proprietorship, partnership and corporation. Describe each of these forms of ownership. Furthermore, how is the process of a company to become a corporate form whose shares can be funded from the public. (mark :25 point) 2. There are some opinions from the public that Micro, Small and Medium Enterprises (MSMEs) that have been established and can be hold for more than 5 years, then the MSME business will be able to survive for a longer period of time. Many businesses are established, but usually will be completed before 5 years. a. In your opinion, why did this opinion arise? b. How to make MSME hold at long time? c. Make example of business plan for bult up a W ?. (mark : 40 points) 3. Management needs to anticipate the prevailing economic situation in doing a business, state the forms of economic system that can be adopted by a country, and explain how the economic situation affects business. (35 points)