explain the features of company organisation
Answers
Answered by
0
Features :-
- A company has a distinct entity and is independent of its members or people controlling it
- Private limited company is held by few individuals privately having a separate legal entity. In this, the shareholders cannot trade publicly shares.
Advantages :-
1) it's easy to transfer ownership by selling shares to another party.
2) shareholders (often family members) can be employed by the company.
Disadvantages:-
1) the company can be expensive to establish, maintain and wind up.
2) your financial affairs are public.
Similar questions
English,
7 months ago
Social Sciences,
7 months ago
Social Sciences,
7 months ago
Science,
1 year ago
Social Sciences,
1 year ago