Business Organization
Overview:
Business Organization. When an organization is being set up, selecting the proper form of business organization is a very important first step in the process. Secondly, In the health care industry, there are many organizations that are structure-d as a not-for-profit business and some that are structure-d as a for-profit business. Hence In approximately 250 to 300 words, answer the following questions.
What are the three legal forms of business organization? Also Identify two (2) advantages and two (2) disadvantages of each form. (6 points for the identification of each form of business organization (2 points each); one (1) point for each advantage identified and (1) point for each disadvantage identified; 12 points total)
Explain the primary differences between investor-owned and not-for-profit corporations (4 points). What is the primary goal of investor-owned corporations? (3 points) What is the primary goal of most not-for-profit healthcare corporations? (3 points) Are substantial differences found between the finance goals of investor-owned and not-for-profit corporations? Explain your answer. (3 points); (13 points total for four responses)
Additional Guidelines
The quotes should be complete sentences (no more, less) and should be incorporate-d in your essay to illustrate your ideas. Secondly, Please, cite your sources in a clickable reference list at the end. Also, do not copy without providing proper attribution (quotation marks and in-line citations). Also, write an essay format, not in bullet form, numbering, or another list format. It would be best if you use your own words. Lastly, proofread your work and run it through Grammarly for thorough confirmation.
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