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This type of business organization has one or more individuals sharing in this profits?
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∙ 13y ago
partnership
Wiki User
∙ 13y ago
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This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
Examples of cooperative business?
A cooperative business is one in which many people have a part in the business. These are often done in animal and produce sharing, where a group of people all pay a small amount and also help with the care of the crops or animals. In return, they receive product.
What impact does social responsibility have on the business itself?
The company gives back to others. In turn, people get to know about the company who helped them the most and caters to their products and services. By making a difference to others, the company is also making a difference to itself. Not only when it comes to marketing and profits but also how the employees think when it comes to sharing and other environmental issues. Company social responsibility will always have a positive impact on the economy, the people and the country.
What does the Federation of Small Businesses offer?
The Federation of Small Business is a UK-based campaigning group. It offers protection and support to small businesses through lobbying of the UK Government, and legal advice, as well as a forum for sharing business services.
What factors may influence the choice of business ownership?
legal requirementsliability and accountabilitycontinuity and transfer of ownership of the businessmanagement participationprofit sharing
This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
What is the difference between an organisation and a company?
A company is Business organization in structure, where people work for only profits and pay taxes. They will use that money for improving their business and share the profits. But in an Organization, people of same goals work together to achieve a particular mission. They will also get profits, where they need not pay the taxes. Sharing of profits is not possible here, they will use that profit to improve and achieve their mission.
Which type of business does the owner not have to share any profits?
privately owned business owners share no profits. they pay taxes and that is not sharing profit.
What has the author James A Bowie written?
James A. Bowie has written: 'Sharing profits with employees' -- subject(s): Cooperation, Profit-sharing 'Education for business management' -- subject(s): Business, Business education
Internal communication definition?
The definition of internal communication is information transmissions between the members of an organization. It is sharing information on all levels of an organization for business reasons.
What is profit sharing and discuss its merits and demerits?
Profit sharing is when an organization shares a portion of their profits with their employees. It is good because it encourages employees to increase their production. One downfall to it is the fact that money can't be used for research and development or hiring new employees.
What practice management system allows for a sharing of expenses without sharing profits and liability?
Associate Practice.
Difference between block grants and revenue sharing?
A block grant is a specific amount of money received that is then designated for specific projects or areas. Revenue sharing is the amount a business profits and how that monies are distributed to the shareholders, partners, employees etc.
The difference between block grants and revenue sharing?
A block grant is a specific amount of money received that is then designated for specific projects or areas. Revenue sharing is the amount a business profits and how that monies are distributed to the shareholders, partners, employees etc.
What business practice allows an organization to make direct investment very gradually while sharing its risk with a knowledgeable experienced other party?
Alliances
What is informal communication in business organization?
Informal communication in a business organization refers to the exchange of information, ideas, or thoughts among employees outside of the formal channels such as official meetings or emails. This type of communication is usually spontaneous, unstructured, and may occur through conversations, phone calls, or instant messaging. Informal communication helps in building relationships, fostering teamwork, and sharing knowledge within the organization.
Define shares of company profits beyond salary or wages?
Answer is profit-sharing.
