Chapter 4 - Options for organizing business. Learning objectives of this chapter include: Define and examine the advantages and disadvantages of the sole proprietorship form of organization; identify three types of partnership and evaluate the advantages and disadvantages of the partnership form of organization; describe the corporate form of organization and cite the advantages and disadvantages of corporations; define and debate the advantages and disadvantages of mergers, acquisitions, and leveraged buyouts. | Part 2 Starting and Growing a Business © 2015 McGraw-Hill Education. 1 CHAPTER 4 Options for Organizing Business CHAPTER 5 Small Business, Entrepreneurship, and Franchising 4-2 2 Learning Objectives LO 4-1 Define and examine the advantages and disadvantages of the sole proprietorship form of organization. LO 4-2 Identify two types of partnership, and evaluate the advantages and disadvantages of the partnership form of organization. LO 4-3 Describe the corporate form of organization, and cite the advantages and disadvantages of corporations. LO 4-4 Define and debate the advantages and disadvantages of mergers, acquisitions and leveraged buyouts. 4-3 3 Sole Proprietorships 4-4 4 Partnerships 4-5 5 Partnerships 4-6 6 Corporations 4-7 7 Corporations 4-8 8 Types of Corporations 4-9 9 Types of Corporations 4-10 10 Types of Corporations 4-11 There are two types of public corporations 11 Elements of a Corporation 4-12 12 Corporations 4-13 13 Other Types of Business Ownership 4-14 14 Trends | Part 2 Starting and Growing a Business © 2015 McGraw-Hill Education. 1 CHAPTER 4 Options for Organizing Business CHAPTER 5 Small Business, Entrepreneurship, and Franchising 4-2 2 Learning Objectives LO 4-1 Define and examine the advantages and disadvantages of the sole proprietorship form of organization. LO 4-2 Identify two types of partnership, and evaluate the advantages and disadvantages of the partnership form of organization. LO 4-3 Describe the corporate form of organization, and cite the advantages and disadvantages of corporations. LO 4-4 Define and debate the advantages and disadvantages of mergers, acquisitions and leveraged buyouts. 4-3 3 Sole Proprietorships 4-4 4 Partnerships 4-5 5 Partnerships 4-6 6 Corporations 4-7 7 Corporations 4-8 8 Types of Corporations 4-9 9 Types of Corporations 4-10 10 Types of Corporations 4-11 There are two types of public corporations 11 Elements of a Corporation 4-12 12 Corporations 4-13 13 Other Types of Business Ownership 4-14 14 Trends in Business Ownership 4-15 . | Part 2 Starting and Growing a Business © 2015 McGraw-Hill Education. 1 CHAPTER 4 Options for Organizing Business CHAPTER 5 Small Business, Entrepreneurship, and Franchising 4-2 2 Learning Objectives LO 4-1 Define and examine the advantages and disadvantages of the sole proprietorship form of organization. LO 4-2 Identify two types of partnership, and evaluate the advantages and disadvantages of the partnership form of organization. LO 4-3 Describe the corporate form of organization, and cite the advantages and disadvantages of corporations. LO 4-4 Define and debate the advantages and disadvantages of mergers, acquisitions and leveraged buyouts. 4-3 3 Sole Proprietorships 4-4 4 Partnerships 4-5 5 Partnerships 4-6 6 Corporations 4-7 7 Corporations 4-8 8 Types of Corporations 4-9 9 Types of Corporations 4-10 10 Types of Corporations 4-11 There are two types of public corporations 11 Elements of a Corporation 4-12 12 Corporations 4-13 13 Other Types of Business Ownership 4-14 14 Trends in Business Ownership 4-15 15
