Topic: Business Models, Systems and Organization

Order Description
Describe the three components of the business system that comprises the local business you selected. Use Figure 1.2 on p. 11 of Introduction to Business as a reference.

Identify the form of business organization that the business currently uses: joint-stock company, limited liability, partnership, or sole proprietorship.

Explain the differences between your business’s form of organization and the other three forms.

Topic: Business Models, Systems and Organization

Order Description
Describe the three components of the business system that comprises the local business you selected. Use Figure 1.2 on p. 11 of Introduction to Business as a reference.

Identify the form of business organization that the business currently uses: joint-stock company, limited liability, partnership, or sole proprietorship.

Explain the differences between your business’s form of organization and the other three forms.