Question

Discuss the various factor for choosing an appropriate form of organisation

Answer 1

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9 Factors Governing the Selection of a Suitable Form of Ownership Business Organization

• Nature of business activity

• Scale of operations

• Capital requirements

• Degree of control and management

• Degree of risk and liability

• Stability of business

• Flexibility of administration

• Division of profit

Answer 2

Answer:

9 Factors Governing the Selection of a Suitable Form of Ownership Business Organization.

Explanation:

1) Nature of business activity

2) Scale of operations

3) Capital requirements

4) Degree of control and management

5) Degree of risk and liability

6) Stability of business

7) Flexibility of administration

8) Division of profit

9) Financing

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