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What is the business organizations is most likely to exist after the death of the founder?
A sustainable one
What type of business organizations is most likely to exist after the death of the founder?
they are soletrader businesses which involes in unlimited liabilites and it involes in only one person when the founder dies the business also declines.
What is meant by no business exist in isolation?
To be able to do business, you need someone to business with. And if youre isolated, you don't have that.
What is the difference between trading and non-trading organizations?
The difference between a trading and non-trading organization is that a non-trading organization does not exist to make a profit whereas a trading organization does. Non-trading organizations exist to provide voluntary services to the public. Trading organizations exist to provide services or goods for profit.
Can a sole proprietorship business exist forever?
No,because it's one man business,death is in evitable.when the owner of business die the business also dies
What is the primary reason for a business to exist?
what primary reason that businesses st
What is the business organizations is most likely to exist after the death of the founder?
A sustainable one
Is profit making the primary goal of any business enterprise and why?
Yes, profit making is the primary goal of business. It is the reason businesses exist. If they don't make a profit, they will not survive.
What is the ultimate goal of a company?
The primary aim is to make a profit. No business would exist without it.
Why does the navy go out to sea?
That is where their primary functions exist: the protection of shipping and maritime interests, and the defense of the country from seaborne threats.
What type of business organizations is most likely to exist after the death of the founder?
they are soletrader businesses which involes in unlimited liabilites and it involes in only one person when the founder dies the business also declines.
What are the 2 types of customers that exist?
There are two main types of customers: B2B (business-to-business) customers, who are organizations purchasing goods or services for their business operations, and B2C (business-to-consumer) customers, who are individual consumers purchasing products or services for personal use.
Why do organizations exist?
Because God made it.
List and explain reasons why business exist?
business exist to produce a service
What business organizations is most likely to exist after the death of the founder?
A business organization that is most likely to exist after the death of the founder is a corporation. Unlike other types of business structures, such as sole proprietorship or partnership, corporations have a separate legal entity that can exist beyond the lifetime of its owners. This allows for the seamless transfer of ownership and continuity of business operations. Additionally, corporations can also raise capital through the sale of stocks, further ensuring their longevity.
What happens to a business if they don't have a business policy?
Policies specify a business organizations response to a situation as a plan in guiding a decision.Policies exist at all levels in the business organisation related to its structural & functional aspects.It is derived from the objectives of the business organisation. Without a policy a business will operate in an anarchic/arbitrary way with no guidelines or objectives at any level of the business organisation.
Importance of customers?
Most organizations or businesses exist because of customers, and for customers. Customers support the organization financially. Good customer service is important because the service received is a reflection of the business.
