Answered>Order 2845

Organization Structure and Objective of the Corporation

Analysis: What are the strengths and weaknesses of proprietorships, partnerships & corporations?

Identify and describe the key factors involved in maximizing firm’s value.

Synthesis:

What type of organization structure is good for your business? Why?

Do you think maximizing share price is good or bad for the society? Explain.

Evaluation: What actions would you take or recommend as financial managers to overcome obstacles & maximize shareholders’ wealth? Explain.  

Sole proprietorship is an entity that is run by a single individual. The advantages ofsuch business concern are:1. It is easy to establish with no legal formalities.2. There is no double…