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Strategic, Tactical, Operational and Contingency

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What are the four main forms of retail business ownership?

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What are the four forms of a business?

The four main forms of business are sole proprietorship, partnership, corporation, and limited liability company (LLC). A sole proprietorship is owned by one individual, while a partnership involves two or more people sharing ownership. A corporation is a separate legal entity that provides limited liability to its owners, and an LLC combines features of both corporations and partnerships, offering flexibility and protection from personal liability. Each form has distinct legal, tax, and operational implications.


What are the forms of business ownership?

Private ownership (belongs to an individual) Nationalised ownership (belongs to the state) Public limited ownership (belongs to shareholders) are the 3 main forms of ownership (there are more)


Which is not one of the four main categories of labor?

One category that is not one of the four main categories of labor is "entrepreneurial labor." The four main categories typically include manual labor, skilled labor, professional labor, and unskilled labor. Each of these categories encompasses different types of work and skill levels, while entrepreneurial labor focuses on business creation and management rather than direct production or services.


What are the five major categories of operations planning?

The five major categories of operation planning are: capacity planning, location planning, layout planning, quality planning, and methods planning.