Problem
Rehearsal
Introduction: Establish what the legal business structures are and their importance for the business development process.
Development: develop three individual paragraphs.
Identify and define each of the structures and how they operate or manifest themselves.
Establish at least one advantage and one disadvantage for each structure studied.
Provide an example of a model company for each type of structure.
Indicate how the business environment directly and indirectly affects the company in each example.
Conclusion: Conclude by discussing which legal structure you understand is most relevant in the business environment in which you could operate a business and how it can support the effectiveness and/or efficiency of the company.