You find vast opportunities in expanding our business which you have been running as a partnership
firm. Some body suggested you to form a joint stock company. State any three advantages
that you will have now and three difficulties that you will face in doing so.
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The advantages of joining stock company includes:
1. There will be more yield in the production goods and services.
2. It would fetch the company more money
3. It would enables producing quality stocks
The likely difficulties one might face includes:
1. The idea of what to produce.
2. How to raise funds to invest in the new stock company.
3. It requires expert which probably might be scarce.
I hope this would help, hi me if it help.
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