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My views on Factors that control a choice of business, I belive they are 3 basics; land, labour and capital. Raw materials may fall in land due to accebility to tha minerals required. A business cannot be sustaind let alone start without capital, which is used to both acquire raw materials as wel as pay for labour. Skilled labour is also scarse hence may detaroriate ones business. Land required to set up the work station is always the first asset in the list. I hope that answers the question.
What else can I help you with?
What is the two types of business ownership?
A business enterprise can be owned and organized in several forms. Each form of organization has its own merits and demerits. The ultimate choice of the form of business depends upon the balancing of the advantages and disadvantages of the various forms of business. The right choice of the form of the business is very crucial because it determines the power, control, risk and responsibility of the entrepreneur as well as the division of profits and losses. Being a long term commitment, the choice of the form of business should be made after considerable thought and deliberation. The choice of the form of business is governed by several interrelated and interdependent factors. Sole Proprietorship Partnership Corporation
Factors to be considered in the choice of a particular business?
The main two factors to be consider are the capital or labor. which may easily available and less expensive will have to be chosen.
What are the choice of the particular business?
the choice of particular business
What are the factors influencing the choice of business legal structure?
The choice of business legal structure is influenced by several factors, including the desired level of personal liability protection, tax implications, and the complexity of formation and ongoing compliance requirements. Business owners also consider the ability to raise capital, management structure, and the regulatory environment relevant to their industry. Additionally, future growth plans and the number of owners or partners can significantly impact the decision. Ultimately, the right structure balances legal protections with operational flexibility and financial considerations.
Who owns and controls businesses?
The owner owns the business. Him and other superiors can control the business. Whoever the owner approves of can control the business.
What factors affecting choice of organization?
-Age -Need for finance -Size -Limited liability -Degree of control -Nature of business
What are the factors that influence the choice of forms of ownership?
Five factors that can influence the choice of for of business ownership?
What is a factors affecting choice of business?
technological factors,economic factors and social cultural factor
What are the factors affecting choice of form of business organisation?
The choice of form of business organization is influenced by several factors, including the size and nature of the business, the financial resources available, liability concerns, tax implications, and management structure. Additionally, the degree of control desired by the owners, regulatory requirements, and the potential for growth and investment also play significant roles. Finally, the personal preferences and expertise of the entrepreneurs can impact the decision on which structure to adopt.
What is the two types of business ownership?
A business enterprise can be owned and organized in several forms. Each form of organization has its own merits and demerits. The ultimate choice of the form of business depends upon the balancing of the advantages and disadvantages of the various forms of business. The right choice of the form of the business is very crucial because it determines the power, control, risk and responsibility of the entrepreneur as well as the division of profits and losses. Being a long term commitment, the choice of the form of business should be made after considerable thought and deliberation. The choice of the form of business is governed by several interrelated and interdependent factors. Sole Proprietorship Partnership Corporation
How does sole proprietor partnership private company and public company influence the choice of business ownership factors?
The choice of business ownership is influenced by factors such as liability, taxation, and control. Sole proprietorships offer ease of setup and full control but come with unlimited liability. Partnerships allow shared responsibility and resources but can complicate decision-making. Private companies provide limited liability and can raise capital through private investors, while public companies have access to broader capital markets but face stricter regulations and oversight.
Determine factors that will influence to choice between labor intensive and capital intensive technique?
Size of the business
Factors to be considered in the choice of a particular business?
The main two factors to be consider are the capital or labor. which may easily available and less expensive will have to be chosen.
What are the choice of the particular business?
the choice of particular business
Discuss the factors that affect span of control?
The structure of a business affects the span of control. The reporting hierarchy affects the span of control within an organization.
What factors may influence the choice of business ownership?
legal requirementsliability and accountabilitycontinuity and transfer of ownership of the businessmanagement participationprofit sharing
Different types of business organization according to nature of business?
There are six major types of business organizations i.e. Sole Proprietorship, Partnership, Corporation, Trust, S-Corporation, and Non Profit Organization. A business enterprise can be owned and organized in several forms. Each form of organization has its own merits and demerits. The ultimate choice of the form of business depends upon the balancing of the advantages and disadvantages of the various forms of business. The right choice of the form of the business is very crucial because it determines the power, control, risk and responsibility of the entrepreneur as well as the division of profits and losses. Being a long term commitment, the choice of the form of business should be made after considerable thought and deliberation. The choice of the form of business is governed by several interrelated and interdependent factors. Sole Proprietorship Partnership Corporation
