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The firm and its Environment :<3: - Coggle Diagram
The firm and its Environment :<3:
Sole proptietoprship
advantages
desisions
profits
organise
disadvantages
lacking
capital
unlimited
liabiliry
limited
life
Partnership
assosiation
equal
capital
authority
advatnages
same
disadvantages
partners
dissolved
Compamies
investors
liable
owned
rights
individual
sued
fined
taxed
stocks
representing
ownership
stockholders
advantages
llimited
money :fire:
life :red_cross:
disadvantages
complex
keep
records
2X taxation
small
share
:red_cross: control
structure
departaments