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    Necrotizing Fasciitis

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    Vinze Agarcio
    The document discusses the main forms of business organizations: sole proprietorship, partnership, corporation, and cooperative. [1] A sole proprietorship is owned and managed by one individual who is responsible for all business transactions and has complete control but unlimited liability. [2] A partnership involves two or more individuals who contribute capital and share profits/losses, but the partnership can be fragile and partners have unlimited liability. [3] A corporation is a legal entity separate from its owners, allowing for limited liability, easier capital raising, but more complex regulations and taxes.

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    Necrotizing Fasciitis

    Uploaded by

    Vinze Agarcio
    25 views12 pages
    The document discusses the main forms of business organizations: sole proprietorship, partnership, corporation, and cooperative. [1] A sole proprietorship is owned and managed by one individual who is responsible for all business transactions and has complete control but unlimited liability. [2] A partnership involves two or more individuals who contribute capital and share profits/losses, but the partnership can be fragile and partners have unlimited liability. [3] A corporation is a legal entity separate from its owners, allowing for limited liability, easier capital raising, but more complex regulations and taxes.

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    Entrepreneurship

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    The document discusses the main forms of business organizations: sole proprietorship, partnership, corporation, and cooperative. [1] A sole proprietorship is owned and managed by one individual who is responsible for all business transactions and has complete control but unlimited liability. [2] A partnership involves two or more individuals who contribute capital and share profits/losses, but the partnership can be fragile and partners have unlimited liability. [3] A corporation is a legal entity separate from its owners, allowing for limited liability, easier capital raising, but more complex regulations and taxes.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    25 views12 pages

    Necrotizing Fasciitis

    Uploaded by

    Vinze Agarcio
    The document discusses the main forms of business organizations: sole proprietorship, partnership, corporation, and cooperative. [1] A sole proprietorship is owned and managed by one individual who is responsible for all business transactions and has complete control but unlimited liability. [2] A partnership involves two or more individuals who contribute capital and share profits/losses, but the partnership can be fragile and partners have unlimited liability. [3] A corporation is a legal entity separate from its owners, allowing for limited liability, easier capital raising, but more complex regulations and taxes.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 12

    1.

    FORMS OF BUSINESS
    ORGANIZATIONS NAZ CARCOSIA
    INTERMS OF OWNERSHIP
    SENIOR HIGH SCHOOL
    SOLE / SINGLE PROPRIETORSHIP
    - A sole proprietorship is the What form of Business Organization
    most basic and legal form of does the picture depict?
    business
    - It has only ONE OWNER
    - A proprietor owns and
    manages the business and
    responsible for all business
    transactions.
    Ex: Cellphone repair services,
    laundry shop and small-scale
    businesses selling and bakery.
    WHAT ARE THE POSSIBLE ADVANTAGES AND DISADVANTAGES OF
    SOLE PROPRIETORSHIP

    ADVANTAGES DISADVANTAGES
    A sole proprietor has  Proprietor has limited ability to
    complete control and raise capital
    decision-making power over
    the business  and unlimited personal liability
    for the obligations of the
    Generally has uncomplicated
    business transactions and business
    minimal regulatory
    requirements and cost
    With one only decisions can
    be arrived in less time and
    implemented faster
    PARTNERSHIP

     It is an association of two or What form of Business Organization


    does the picture depict?
    more persons who bind
    themselves to contribute money,
    property or industry to a
    common fund
     Governed by the Civil Code of the
    Philippines
     Partners AGREEE among
    different things (Manage
    business, contributions capital,
    profit/ losses, form and mode of
    settlement)
    WHAT ARE THE POSSIBLE ADVANTAGES AND DISADVANTAGES OF
    PARTNERSHIP

    ADVANATAGES DISADVANATAGES
     Easier to organize The life of a partnership is
    fragile
    compared corporation
    The liability of the partners
     can raise more capital for the debts of the business
    compared to sole is unlimited.
    proprietorships
    T YPES OF PARTNERSHIP

    General partners -who invest in the partnership,


    participate in the day-to-day operations and are
    liable for debts and lawsuits of the partnership
    Limited partners -who invest in the partnership
    but who have no participation in day-to-day
    operations and who are not usually considered to
    have liability.
    CORPORATION
     A corporation is the most What form of Business Organization
    complex form of business does the picture depict?
    organization.
     A corporation is a legal entity
    that is separate and distinct
    from its owners.
     A corporation has standardized
    procedures for its creation,
    organization ,
     Corporations are subject to
    greater scrutiny, regulations,
    control and supervision by the
    government
    What are the possible advantages and disadvantages of
    CORPORATION
    ADVANTAGES DISADVANTAGES
     The liability of the owners  Cost of forming and managing
    towards the creditors is  Complex process and requires
    limited to their investment in registration with the central
    the company. regulatory authority and
     Additional capital can be listing on a stock exchange
    raised easily through stock which required fulfillment of
    markets certain requirements related
    to the amount of capital,
    number of directors
     Corporations are subject to a
    high income tax rate
    COOPERATIVE
    Cooperatives are defined by the International
    Cooperative Alliance’s Statement on the Cooperative
    Identity as “Autonomous associations of persons united
    voluntarily to meet their common economic, social, and
    cultural needs and aspirations through jointly owned and
    democratically controlled enterprises ”
    ADVANTAGES OF COOPERATIVE

    Easy Formation
    Limited liability
    Perpetual Existence
    Social Service
    Open Membership
     Tax Advantage
    Democratic Management
    DISADVANTAGES OF COOPERATIVE

    Lack of Secrecy
    Lack of Business Acumen
    Lack of Interest
    Corruption
    Lack of Mutual Interest

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