[Answered] Week 3 Discussion Forms of Business Ownership (BUSN115N)


BUSN 115 Introduction To Business And Technology

Initial Post Instructions

Consider a for-profit organization in your area that you currently work for (or a company your organization competes with or one you would like to work for). What type of ownership model does the company/organization use? Why do you think this type of ownership model was chosen? What would be different in your organization if a different ownership model were used?

Follow-Up Post Instructions

Respond to at least one peer. Further the dialogue by providing more information and clarification.



A company that operates for profit has profit as its main objective. Small Liability The four types of firm ownership are corporations, partnerships, sole proprietorships, and partnerships. I want to work for a healthcare institution like Texas Cancer Center because I want to become a nurse. In a corporation, the owner and shareholders have separate and distinct interests from the firm, making it a special form of business. Another term for the corporation and the director is a distinct legal entity (OpenStax, 2018). Either a single owner or a group of shareholders might be in charge of running the business. In essence, I look at why Texas Cancer Center should become a company to better manage its many companies.………please follow the link below to purchase the solution at $10