what are the factors to be considered before selecting a business organization?
Answers
Answered by
2
Answer:
what are the factors to be considered before selecting a business organization
Explanation:
- 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:
Answered by
0
Stability and continuity
The continuity of existence and stability are the essential factors. The company form of organization is the only form having perpetual existence. The sole trader and partnership form of organizations do not have a permanent life.
Similar questions