Lecture Business (4/e): Chapter 4 - Ferrell, Hirt, Ferrell

Part 2
Starting and
Growing a
Business

© 2015 McGraw­Hill Education.


4-2

 
CHAPTER 4

Options for Organizing Business

CHAPTER 5

Small Business, Entrepreneurship, and
Franchising


4-3

Learning Objectives
LO 4-1
LO 4-2
form
LO 4-3
cite

Define and examine the advantages and disadvantages

of the sole proprietorship form of organization.
Identify two types of partnership, and evaluate the
advantages and disadvantages of the partnership
of organization.
Describe the corporate form of organization, and
the advantages and disadvantages of corporations.

LO 4-4
Define and debate the advantages and
disadvantages
of mergers, acquisitions and leveraged
buyouts.


4-4

Sole Proprietorships


4-5

Partnerships


4-6

Partnerships


4-7

Corporations


4-8

Corporations


4-9

Types of Corporations


4-10

Types of Corporations


4-11

Types of Corporations

There are two types of public corporations


4-12

Elements of a Corporation

4-13

Corporations


4-14

Other Types of Business Ownership


4-15

Trends in Business Ownership