Updated: Feb 11
There are four (4) types of business organization
Forms of business organisation
Joint ventures and franchises are how different business organisations operate a business together. Unlike most businesses, social enterprises and public corporations primary objective are to serve the community. These businesses would have to select a type of business organisation to setup to operate its business.
PAST YEAR QUESTIONS
Identify and explain two disadvantages being a private limited company. (4 marks) Feb/Mar 2018/12
Identify and explain two possible advantages of being a private limited company (4 marks) May/June 2018/11
Do you think selling more franchises is the best way for Filltum to expand? Justify your answer. (6 marks) Oct/Nov 2018/11