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Sole/ Single Proprietorship- form of organization wherein there is only in a business. - oldest form of business organization.
Partnership- a business owned and operated by 2 or more persons who bind themselves to contribute money, property or industry to a common fund with the intention of dividing the profits among themselves.
Corporation-the most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. This form of business is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern.
Cooperative is a business organization owned and operated by a group of individuals for their mutual benefit.[1] Cooperatives are defined by the International Co-operative Alliance's Statement on the Co-operative Identity as autonomous associations of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through jointly-owned and democratically-controlled enterprises.
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What are the classification of family according to internal organization?
Nuclear familyextended family
Classification of business by ownership?
1.corporation 2.cooperation 3.partnership 4.ownership 5.Private
What is the classification of business organization according to size?
Micro-scale enterprises, Small-scale enterprises, Medium-scale enterprises, Large-scale enterprises :)
Classification of family according to internal organization?
The classification of family according to internal organization begins with biological parents who create life through reproduction. Some people have parents who are not biological but have helped raise them so they would be included in internal organization as well.
What is Classification of banks on the basis of ownership?
classification of banks on the basis of ownership consist the following branches 1) public bank 2)private bank 3)nationalize bank 4)statutory bank 5)chartered bank
What are the classification of microorganism?
System of classification based on the cellular organization of organisms. Groups all organisms in 3 domain:BacteriaArchaeEukarya
What are supervisors classification responsibilities?
Job analysis; Classification decision; New standards
What are the two classifications of Business organization?
a. as to ownership b. as to the nature of business
Which legal form of of organization is ownership readily transferable?
Corporation
An individual that undertakes the creation organization and ownership of a business?
risk taker
What are th main parts of airport?
Airports have many classifications, depending on their functions, size, and ownership. The broadest classification is civil and military, international and domestic, and so on. The most commonly accepted classifications by the FAA (Federal Aviation Administration), ICAO (International Civil Aviation Organization), UK, and Canada are shown in the illustration.Read more: airport-classification
What is the component of an accounting classification identifies the responsible organization or who is incurring the cost?
The component of an accounting classification that identifies the responsible organization or the entity incurring the cost is known as the "cost center." A cost center is a department or unit within an organization that is responsible for controlling costs and is accountable for its financial performance. This classification helps in tracking expenses and evaluating the efficiency of various segments within the organization.
