LO 4-1 Define and examine the advantages and disadvantages of the sole proprietorship form of organization.
LO 4-2 Identify two types of partnership, and evaluate the advantages and disadvantages of the partnership form of organization.
LO 4-3 Describe the corporate form of organization, and cite the advantages and disadvantages of corporations.
LO 4-4 Define and debate the advantages and disadvantages of mergers, acquisitions and leveraged buyouts.
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Part 2Starting and Growing a Business© 2015 McGraw-Hill Education. CHAPTER 4Options for Organizing BusinessCHAPTER 5Small Business, Entrepreneurship, and Franchising4-2Learning ObjectivesLO 4-1 Define and examine the advantages and disadvantages of the sole proprietorship form of organization.LO 4-2 Identify two types of partnership, and evaluate the advantages and disadvantages of the partnership form of organization.LO 4-3 Describe the corporate form of organization, and cite the advantages and disadvantages of corporations.LO 4-4 Define and debate the advantages and disadvantages of mergers, acquisitions and leveraged buyouts.4-3Sole Proprietorships4-4Partnerships4-5Partnerships4-6Corporations4-7Corporations4-8Types of Corporations4-9Types of Corporations4-10Types of Corporations4-11 There are two types of public corporationsElements of a Corporation4-12Corporations4-13Other Types of Business Ownership4-14Trends in Business Ownership4-15
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