Organization Structure and Objective of the Corporation
Analysis: What are the strengths and weaknesses of proprietorships, partnerships & corporations?
Identify and describe the key factors involved in maximizing firm’s value.
What type of organization structure is good for your business? Why?
Do you think maximizing share price is good or bad for the society? Explain.
Evaluation: What actions would you take or recommend as financial managers to overcome obstacles & maximize shareholders’ wealth? Explain.
Sole proprietorship is an entity that is run by a single individual. The advantages ofsuch business concern are:1. It is easy to establish with no legal formalities.2. There is no double…