Chapter 4 Overview
Topics
- Forms of Business Ownership
Objectives
By the end of this week you will be able to...
- Explain the advantages and disadvantages of the sole proprietorship form of business organization.
- Explain the advantages of operating as a partnership, and what downside risks should partners consider.
- Describe how the corporate structure provide advantages and disadvantages to a company and what the major types of corporations are.
- Discuss what other options a company has for business organization in addition to sole proprietorships, partnerships, and corporations.
- Describe what current trends will affect the business organizations of the future.
Weekly Schedule
| Activity | Estimated time required |
|---|---|
| Reading: Chapter 4 | 1 hour |
| Discussion: Week 4 | 45 minutes |
| Assignment: Week 4 | 45 minutes |
| Quiz: Chapter 4 | 45 minutes |