google.com, pub-6663105814926378, DIRECT, f08c47fec0942fa0 The 5 Main Types of Business Organization 4289

Search This Blog

The 5 Main Types of Business Organization

The types of business organization can be classified according to several factors; according to its legal status, its size (number of members and employees), its economic activity, the origin of capital, sector of the economy, among others.

The business organization or company is the axis of economic activity in most of today's societies. It is one of the means by which human activity is sustained, since the company allows the satisfaction of the needs of all individuals.

The company is a for-profit social and economic unit, which depends entirely on economic capital, human capital and resources to survive. This must have a direction that allows it to be more efficient according to the needs of the market. Its main objective should be to serve the common good.

No business organization is structured by itself, it requires the intervention of multiple individuals in order to be managed. This management finally determines the type of company that is being established and its most representative characteristics.


Classification of types of business organization
- According to its legal form
Business organizations are divided as follows according to their legal form:

Limited
They are business organizations that have two different types of partners. Some partners participate in the management of the company and have full responsibility for the company (the general partners), and the other partners do not participate in the management of the company and their responsibility is partial according to the capital they contribute (the limited partners).

Collective society
It is the type of business organization that belongs to more than one individual. The partners have the obligation to respond unlimitedly with their assets.

Cooperative
They are non-profit business organizations that seek the well - being of their members.

Sole proprietorship
It is the type of business organization that belongs to a single person. This single partner must be liable without limitation with their belongings in the event that an individual is harmed by the company's decisions.

Limited liability company
It is a type of business organization where the partners are responsible for responding only with the capital that they initially contributed, but not with their equity.

Anonymous society
They are organizations where the responsibility is limited to the patrimony contributed. The owners of the company are those who bought shares or titles belonging to the company.

- According to its size
Business organizations are divided as follows according to their size:

Micro-enterprise
They are business organizations that have a workforce made up of a maximum of 10 workers. They generally belong to a single person and their owner usually also works in the company.

Their annual turnover is low and they do not affect much the way the market behaves. They are companies with few equipment and technological development, and their production processes are mainly artisanal.

Small company
It is the type of organization that has a minimum of 11 workers and a maximum of 49. They are profitable and independent institutions, with limited financial resources and not very capital intensive. They don't particularly specialize in one line of work.

Medium company
These are organizations that have a minimum of 50 workers and a maximum of 250. Due to their size, they usually have specialized areas and a union. Workers have well-defined responsibilities.

Big company
It is the type of organization that employs more than 250 workers. It usually has its own facilities, has large sales, is divided into specialized areas and also has a union.

It is the type of company that can apply for high value loans and credits, since its financial activity is important.

- According to the sector of the economy
Business organizations are divided as follows according to the sector of the economy to which they belong:

Primary sector
They are companies that are mainly dedicated to the extraction of raw materials. They use basic technical tools and systems.

Secondary sector
They are organizations that are dedicated to the transformation of raw materials extracted by companies in the primary sector. They use processes of medium complexity to carry out their functions.

Third sector
This type of organization is not limited only to physical tasks, it is also dedicated to the execution of intellectual tasks and technological development.

- According to the origin of the capital
Business organizations are divided as follows according to the source from which their capital comes:

Private
They are business organizations in which the capital that constitutes them comes from private individuals.

Public
They are business organizations that depend on capital investment by the State to survive. They can be local, regional or national.

Mixed
They are business organizations that depend on the contribution of capital from both the State and private entities.

- According to the interaction of its members
Business organizations are divided as follows according to the way their members interact with each other:

Formal
They are highly structured organizations where the way individuals interact is legitimately regulated. There are corporate activities, roles, departments, and a hierarchical structure defined and endorsed within the limits of local law.

It is a type of static and conservative organization, where participants agree to abide by existing formal documents and the contract that they signed when entering the institution.

Informal
It is the type of business organization whose dynamics are most flexible. The behaviors, interpersonal relationships, and interactions between individuals that take place in the day-to-day running of the company are more open and flexible.

These types of organizations are usually flexible, spontaneous and in a constant process of evolution. Its members are usually young creatives whose behavior is regulated by general parameters and agreements.

Usually, informal organizations take some parameters and references from formal organizations, and adapt them according to their needs.

Annuities Meaning

Finding Travel Insurance For Cancer Diagnosis

How Does the Stock Market Work

Top 10 Ways to Make Money Online

10 Legit Ways to Make Money and Passive Income Online

10 Ways To Cut Your Health Care Costs

The Ultimate Assurance of Buy-sell Agreements

5 Tips to Prepare for Your Property Settlement

8 Habits of Wealthy and Successful People

Why Millennials Choose to Buy Home

7 Tips Every Homeowner Need to Know About Insurance

8 Tip on Homeownner Insurance

10 Question You Should Ask Mortgage Lenders

How Much is My Car Accident Settlement Worth

200 Business Movement News

150 Financial Tip You Should Know

Essential List of Mortgage Application Document

Prepare Yourself Before Investing in Stock

Shopping is the Right Way Without Debt

Factors Affecting Home Loan Rates

Using Credit Cards With No Debt

Plan for Business Loans

Step Before Buying Insurance

Choosing Life Insurance

How to Get Cheap Car Insurance

If in Debt With a Credit Card

Type of Insurance

How to Request a Claim

Deposit With Banks or Take Out Insurance

Why Do We Need Life Insurance

Insure Assets and Liabilities How is It Different

Contract for Buying a House

Happy if in Debt

Can Not Pay the Car Installments

16 Most Important Car Insurance Terms

Want to Use Urgent Money Where Should I Request a Loan

Save Money in Stocks

How to Have a Home

Plan Before Retirement

Plan for Repayment Carefully

50 Financial Movement You Should Know

How You Can Hit the Heights While Plunging to the Depths

10 Ways to Cut Your Health Care Costs

Tips for Handling an Employee's Departure

How to Get Your Product Onto Retailers' Shelves

A List of Pointers for Low-cost Promotion

A Field Guide to Office Colleagues

How to Get Your Tqm Training on Track

4 Excuses to Use Unconscious Credit Cards

Be Careful Terms of Insurance Agreement

Changing a Home to Pay Off Debt

Want Money to Invest

Credit Card Addiction Symptoms

How to Manage Credit Card Debt if Lose Job

What is Private Fund

Loans for Education

10 Things That Lead to Poverty

Do Not Overlook Insurance

There Are Also Saving on Debt

10 Things You Need to Do Before Retiring

Seed Funds for the Smallest Start-ups

Health Insurance Managed Care Can Cost More

States Go for Bold Changes

Outside Directors: How They Help You

Helping Your Children Plan for a Distant Future

The Tax Advantages of a Home Office

Job Skills Have Declined Firms Say

American Get More for Their Money

Boost Your Problem-solving Power

Finding the Essence of Good Sales People

Suggestions on Selling Your Service Firm

Warming to the Idea of Customer Feedback

It's Timely to Consider Still Another Inequality

More Tax Cuts Coming

Vice Presiddency Becoming More Attractive Goal

Turn Anger Into an Asset

Making the Most of Trade Shows

Ideas for Making the Most of Time on the Road

The Benefits of Smart Inventory Management

Policies That Protect a Company's Good Name

Market-neutral Funds May Offer Solace if Stocks Tank

Bargains in Business Insurance

Bills Would Affect the Hiring of Skilled Foreign Workers

The Ups and Downs of a Postal Rate Proposal

Locking on to Teamwork

Nurturing Part Timers to Be Entrepreneurs

Holding Things Together When Selling A Location

Knowing When Cut The Cord

A New Selling Approach Makes Fashion Sense

Too Much Team Harmony Can Signal Trouble

Oiling The Wheels Of Consumer Satisfaction

Networking 101: Seeing And Being Seen

Nuts About Snack Food

A Jet-Powered Takeoff

Grooming For Success

Switching to Self Insurance

Promoting A World Ethical Standard

Help Wanted Desperately

How to Get a Yes From Your Banker

Lawmakers Have Their Work Cut Out For Them

Making The Climb Onto Store Shelves

Hammering Home Performance Incentives

Have You Seen Your Banker For Your Annual Checkup

Protect Your Company's Proprietary Information

Adding Some Byte To Retirement Plans

From The Ground Up

Pluses And Pitfalls In Voice Mail

Lawmakers Have Their Work Cut Out For Them

Making The Climb Onto Store Shelves

Market Bulls Battle A Case Of Nerves

Check The Fine Print In Picking A 401 (k) Plan

5 Pitfalls Make Your Work Inefficient

Wrong Stock Investing

What is a non life insurance

5 things to do if you want to succeed

5 steps Emphasize the use of credit cards correctly

Unemployment can be saved by doing 5 steps

Obstacles that prevent from saving

Want to be rich do these 3 things

New to the stock market

Change the attitude of saving with 3 steps

Home loan Not difficult anymore

Start investing is not difficult

Come check the finance health

Live 3 items for solving the poor

5 wrong financial views Risking destruction

4 things that should not be overlooked for Save money

Wise financial planning techniques for the family

5 mistakes checklist when buying insurance

5 reduce the risk of doing business

3 risk levels that must be known before investing

Advantages and disadvantages of Requesting a loan

Saving The US Economy

What price loyalty at Vodafone

Alphabet soup and economic recovery

Our growing nostalgia for commuting

Financial alchemy

Personal credit

4 principles of financial success

Buying housing is not a big deal anymore

Essential insurance

How to teach your child to be wise With the use of money

6 Collection techniques That a salary man needs to do

How to choose a credit card that best suits your needs

Beware The Scammers out to empty your bank account

Avoid The Traps Set By Estate Agents

10 Ways To Cut Your Health Care Costs

What is the stock market

Adjust the idea of adding value to your business

How ready are you for down

10 techniques to use money

10 Ideas To Conquer Stocks

10 Year Retirement Plan

Factors That Make Your Finances Worse

Eliminate 5 Weaknesses to Create Success in SME

Retirement Investment Plan Longevity Simpler

5 Secrets to Financial Freedom

How to Invest Without Losing

Do We Need Too Much Money

8 Alarms When Finances Are in Trouble

How to Use Money Saving Techniques

Credit Card Debts Not Difficult Anymore


annuities meaning ultimate assurance property settlement
wealthy and successful man rich choose buy home homeowner know insurance
ask mortgage lenders car accident settlement mortgage application
prepare investing stock shopping without debt factors affecting home loan
credit cards with no debt plan for business loans step buying insurance
choosing life insurance cheap car insurance debt with credit card
type of insurance how to request a claim deposit banks or insurance
need life insurance insure assets and liabilities contract buying a home
happy if in debt pay car installments most car insurance terms
urgent money request loan save money in stocks howto have a home
plan before retirement plan repayment carefully plunging to the depths
cut health care costs handling employee departure put on retailer shelves
low cost promotion guide to office colleagues get TQM traning
unconscious credit cards home to pay off debt want money to invest
credit card addiction manage credit card debt insurance agreement
loans for education lead to poverty what is private fund
overlook insurance also saving on debt do before retiring

No comments:

Post a Comment

Popular Posts