Question

What are the requisites of an ideal form of business organization? Compare briefly various forms of business organizations ?​

Answer 1

Answer:

An ideal form of organisation is one which can be brought into existence with the least difficulty, i.e., in the form of least expenses in formation and minimum legal formalities. (ii) Ease of financing: Another important feature of a good form of organisation is the facility of raising the required amount of capital.

Explanation: