State some factors that must be considered in selecting the form of production that is best
suited to the business. (In your own words)
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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:
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