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* e proprietorship: A sole proprietorship is a for-profit business owned by one person. The owner whitethorn operate on his or her own or whitethorn employ others. The owner of the business has unlimited  financial obligation for the debts incurred by the business. * Partnership: A form of for-profit business owned by two or more people. In most forms of partnerships, individually partner has unlimited indebtedness for the debts incurred by the business. There argon three typical classifications of partnerships: general partnerships, limited partnerships, and limited liability partnerships. * Corporation: A limited liability entity that has a order legal personality from its members. Corporations potful be either privately-owned orgovernment-owned, and privately-owned federations can be organized either for-profit or not-for-profit. Furthermore, a privately-owned, for-profit corporation can be either privately held or  publically held. A corporation is directed by a  dining table of directors, which hires the businesss managerial staff. * Cooperative: Often referred to as a co-op, a  concerted is a limited liability entity that can be organized for-profit or not-for-profit. A for-profit cooperative differs from a for-profit corporation in that it has members, as opposed to functionholders, who share decision-making authority.

Cooperatives are typically classified as either consumer cooperatives or worker cooperatives. Cooperatives are fundamental to the ideology ofeconomic democracy. ------------------------------------------------- [edit]Classifications Wall Street, Manhattan is the situation of theNew York Stock Exchange and is often used as asymbol for American capitalism. There are many types of businesses, and because of this, businesses are classified in many ways. One of the most common focuses on the autochthonic profit-generating activities of a business: * Agriculture and mining businesses are concern with the production of raw material, such as plants or minerals. *... If you emergency to get a full essay, order it on our website: Ordercustompaper.com

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