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Forms Of Business Organization

Forms Of Business Organization. Sole Proprietorship. Partnerships. Corporations. Definitions. Google - Motorola Mobility 2011- Microsoft Corporation - Skype Merger-Time Warner/AOL merger. Acquisition. Vertical merger Car company mergers with a tire company Horizontal merger

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Forms Of Business Organization

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  1. Forms Of Business Organization

  2. Sole Proprietorship

  3. Partnerships

  4. Corporations

  5. Definitions

  6. Google- Motorola Mobility 2011- Microsoft Corporation- Skype Merger-Time Warner/AOL merger Acquisition

  7. Vertical merger • Car company mergers with a tire company • Horizontal merger • Daimler-Benz and Chrysler • Conglomerate merger • athletic shoe company and a soft drink company.

  8. Cut costs – a company merges with a supplier (vertical merger) Companies are worth more together Growth and market power Eliminate competition (horizontal) Why do companies Merge?

  9. Franchising

  10. How Much Does a Franchise Cost?

  11. Give two examples of each form of business ownership. • One should be from the local community. • One should be online

  12. Choose a franchise for Campbellton that does not exist in our area? Why? Justify your answer. Where should it be located?Why? Franchise

  13. List one advantage and disadvantage of each form of business ownership. What is the difference between a limited partners and a general partners? How is the forms of business ownership related to managing a business? Progress Assessment

  14. If you buy stock in a corporation and someone is injured by one of the corporation’s products, can you be sued? Why or why not? Progress Assessment

  15. Complete in groups and hand in one copy Sweet Opportunities handout

  16. A co-operative is a corporation that is owned, controlled, and operated by a group of people for their own benefit. Each member pays an annual membership fee and shares in any profits gained by the business. Sometimes members work a minimal number of hours per month as part of their duties (in many food co-operatives, for example). Fishermen and farmers catch and produce their own products, but part of the marketing is done through jointly owned "co-ops". Co-operatives are generally governed by a board of directors elected by the membership annually or bi-annually. Cooperatives do things differently from other businesses: their purpose, control structure and allocation of profit are all different. The main purpose of a co-operative is to meet the common economic, social, and cultural needs of their members (not to maximize profits). Co-operatives use the one-member/one-vote system (as opposed to the usual business system of one-vote-per-share) The allocation of profit is done on the basis of how much each member uses the co-op, not how many shares they hold. There are approximately 10,000 cooperatives in Canada, employing roughly 1,500,000 people; four in ten Canadians belong to a co-operative. Some co-ops are listed in Canada's top 500 companies and several financial co-operatives have been rated the best places to work in Canada. Many of you may already belong to a co-op. View this short video of one of Canada's best known consumer co-operatives: MEC (Mountain Equipment Cooperative) https://www.youtube.com/watch?v=Jd7SL3a-PNU Co-operative

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