Legal forms of organization:
Sole proprietorship-business owned or operated by one person.
Partnership-association of two or more partners to carry on as co-owners.
Corporations-legal entities owned by shareholders.
Organization is the identification and classification of required activity,the grouping of activities necessary to attain objectives,the assignment of each grouping to a manager with the authority necessary to supervise it,and the provision for coordination horizontally and vertically.
Sole proprietorship-business owned or operated by one person.
Partnership-association of two or more partners to carry on as co-owners.
Corporations-legal entities owned by shareholders.
Organization is the identification and classification of required activity,the grouping of activities necessary to attain objectives,the assignment of each grouping to a manager with the authority necessary to supervise it,and the provision for coordination horizontally and vertically.
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