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Identify the main types of business enterprise and their principal features?
Wiki User
∙ 11y ago
there are four types of business enterprise:
a)sole proprietorship
b)partnership
c)company
d)ngo's
when it comes to explain the above,this are are the features you need to use to make your points clear.
a)membership
b)ownership
c)formation
d)management
e)finance or credit
f)effects
g)succession
h)capital base
i)dissolution
eg,sole proprietership has got one member,partnership has a no. of 2-20 while companys have a membership of 2 to infinate.
when it comes to explaining ngo's am really not sure.
thats how you you simply combine them...
i hope my answer helped.
Wiki User
∙ 11y ago
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