ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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government regulation and the nature of the business.
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the amount of stock issued and capability to expand internationally.
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taxation rates and government regulation.
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international tariffs and the ability to control business activities.
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Detailed explanation-1: -The five types of business structures are sole proprietorship, partnership, limited liability company, corporation and cooperative. The right structure depends mainly on your business type.
Detailed explanation-2: -Many small business owners favor the S corporation structure because of its tax benefits. This type of business entity has the same legal protections as a C corporation. Unlike C corporations, profits distributed to shareholders aren’t generally taxed at the corporate level.
Detailed explanation-3: -Relatively Few Regulations: A proprietorship is the least-regulated form of business organization.
Detailed explanation-4: -A business structure is a category of organization that is legally recognized in a given jurisdiction and characterized by the legal definition of that particular category.