Question

what is factor in the choice of form of business organisation ?​

Answer 1

Explanation:

Capital is one of the most crucial factors affecting the choice of a particular form of ownership organisation. Requirement of capital is closely related to the type of business and scale of operations..

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Answer 2

Answer:

Factors Affecting the Choice of Form of Business Organisation –

Liability, Continuity, Management Ability, Capital Considerations, Degree of Control and Nature of Business.

After studying the various forms of business organisations, it is observed that each form has certain merits as well as limitations.