Assignment:
Consider a local business whose services you frequently use. What are the main components of this company's business model?
Write a 400 to 500 word answer in which you do the following:
- Describe the three components of the business system that comprises the local business you selected.
- Identify the form of business organization that the business currently uses: joint-stock company, limited liability, partnership, or sole proprietorship.
- Explain the differences between your business's form of organization and the other three forms.
Format your paper consistent with APA guidelines.