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What is the chief disadvantage of the sole proprietorship as a form of business organization when compared to the corporate form?
The chief disadvantage of a sole proprietorship compared to a corporation is the unlimited personal liability faced by the owner. In a sole proprietorship, the owner's personal assets can be at risk if the business incurs debt or legal issues, whereas a corporation offers limited liability protection, safeguarding the owner's personal assets from business liabilities. Additionally, sole proprietorships may have more difficulty raising capital and may lack the longevity and continuity that a corporation can provide.
Explain Why large and growing firms tends to choose the corporate form?
Because large and growing form usually involves itself in falsification of its books of accounts. there is provision in law that corporate form is different from ownership. hence in-order to save themselves they form corporate form.
Why is the corporate form superior when it comes to raising cash?
Corporations are easier to raise money for because they are held to stricter financial requirements by the Securities Exchange Commission. With these stricter regulations, investors will feel at ease investing in the organization.
What are some advantages to the corporate form of business?
limited liability
What are the benefit of formal organization obtain from informal organization?
what are the benifit of formal organization obtain form informal organization ?
What are the disadvantages of a corporate form of a business organization?
govt
What organization introduced the idea of primary health care?
The organization that introduced the idea of primary health care was World Health organization in Alma Ata. The short form for the organization is WHO.
What is the main strength of the corporate form of business organization?
ease of raising financial capital
Unlimited personal liability is a drawback with corporate form of business organization?
Limited personal liability is the advantage of incorporating your business.
Briefly Explain About green management in corporate sector?
A form of management in which managers consider the impact of the organization on the natural environment.
What is the chief disadvantage of the sole proprietorship as a form of business organization when compared to the corporate form?
The chief disadvantage of a sole proprietorship compared to a corporation is the unlimited personal liability faced by the owner. In a sole proprietorship, the owner's personal assets can be at risk if the business incurs debt or legal issues, whereas a corporation offers limited liability protection, safeguarding the owner's personal assets from business liabilities. Additionally, sole proprietorships may have more difficulty raising capital and may lack the longevity and continuity that a corporation can provide.
What do you mean by corporate culture How is it formed How is it sustained?
Corporate culture is the shared stories, experiences, beliefs, and norms that characterize an organization. Factors that form culture can range from the firm’s overall philosophy to daily operating methods. Managing and communicating the organization’s desired culture to everyone within the firm allows it to be sustained
What is the adjective form of corporation?
The adjective form of "corporation" is "corporate." It is used to describe anything related to or characteristic of a corporation, such as corporate culture, corporate governance, or corporate responsibility.
Full form of bsf?
The full form of BSF is Border Security Force. It is the primary border guarding organization in India.
What is the primary difference between the income section of the 1120 and 1120s?
The primary difference between the income section of Form 1120 and Form 1120S lies in the taxation of income. Form 1120 is used by C corporations, which are taxed at the corporate level, meaning they pay taxes on their profits directly. In contrast, Form 1120S is for S corporations, which are pass-through entities; their income, deductions, and credits are passed through to shareholders and reported on their individual tax returns, avoiding double taxation at the corporate level.
Battery disposal is a disadvantage of which form of energy-?
Battery disposal is a disadvantage of solar energy.
What is the full form of ULSI?
what is full form of corporate
