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A business organization that is owned by its members is called what?
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∙ 14y ago
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What is it called when a business is owned by two or more people?
A business that is owned by 2 or 20 people is called a partnership. A business that is owned by 2 or 50 people is called a private company and a business that is owned by unlimited number of people is called a public company.
What is a business owned by its members that is managed in the interest of the owners?
a cooperative
Can you Outline and explain the different types of business organisation in the business environment?
there are two mainly tyapes of bte business organization namely privately owned and public owned business. in private ownsd business organization are three tyapes namely solepropriator business organization this is one whicha is owned by an individual alone especially family business as an example then the second is partirnership business organization this is the one in which people with same concern join to make a business operation intending to earn profit and the last is joint stock company in this business operates distinctly from owners this means the business is operated under the three documents which are the constitution governing the business one article of association secondly memorandum.
What is a business owned by 2 or more people called?
I'm guessing its called a partnership business
What is a business called that is owned by investors?
corporations xD
What is it called when a business is owned by two or more people?
A business that is owned by 2 or 20 people is called a partnership. A business that is owned by 2 or 50 people is called a private company and a business that is owned by unlimited number of people is called a public company.
What is a Business organization owned by a limited number of stockholders?
Closed Corporation
What is a business organization owned by a froup of people for their mutual benefit?
its a cooperative
What is a business owned by its members that is managed in the interest of the owners?
a cooperative
What is a Business organization owned and operated by a group of individuals for their mutual benefit?
cooperative.
What were cooperatives?
A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit.
Which term is used to describe a business that is owned and democratically operated by its members?
cooperative
The resources owned by a business are called what?
asset
The resources owned by a business are called?
Asset
What is a business called that is owned by shareholders?
A corperation
Can you Outline and explain the different types of business organisation in the business environment?
there are two mainly tyapes of bte business organization namely privately owned and public owned business. in private ownsd business organization are three tyapes namely solepropriator business organization this is one whicha is owned by an individual alone especially family business as an example then the second is partirnership business organization this is the one in which people with same concern join to make a business operation intending to earn profit and the last is joint stock company in this business operates distinctly from owners this means the business is operated under the three documents which are the constitution governing the business one article of association secondly memorandum.
What is business with the legal rights of a person and which may be owned by many people?
A corporation is a business that is owned by many people but by law acts as a single entity, separate from its members.
