Question

explain the meaning advantage and disadvantage various forms of business organisations​

Answer 1

Answer:

meaning of advantage in business organizations is profit ,making a good company ,etc. and disadvantage is loss

Answer 2

The advantages are: the owner keeps all the profits and makes all the decisions. The disadvantages are: personal liability and no possibility for business continuity. A partnership is a business owned by two or more people. The advantages are: shared costs, knowledge and expenses.