Question

what do mean by business organisation?Explain the different forms of business in brief.​

Answer 1

Explanation:

There are three main types of business organizations: sole proprietorship, partnership and corporation. A sole proprietorship is a business owned by one person. The advantages are: the owner keeps all the profits and makes all the decisions. ... A partnership is a business owned by two or more people.

Answer 2

Answer:

A bussiness entity is an organizationthat uses economic resources to provide goods or services to customer in exchange for money or good and services.

There are three types of businesses.

1.) Service bussiness

2.) merchandising bussiness

3.)manufacturing bussiness

Forms of bussiness organization:

1. Sole proprietorship

2.Partnership

3.Corporation

4.Limited Liability Company

5.Cooperative