Question

Q7:
You are a business consultant. Mr. Donald has recently retired from Government service.
He is 58 years old and wants to set up a factory in order to manufacture plastic goods. He
has come to consult you so that you may suggest him a suitable form of business
organization. His expectations from the business include:
a. ease in formation
b. flexibility in operations
c. sharing of profits with limited persons, and
d. Sufficient persons to look after various business activities
Which form of business organization will you suggest to Mr. Donald?
Please answer. ITS URGENT

Answer 1

Answer:

partnership firm as it has all the said features