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Business Models, Systems and Organization

Business Models, Systems and Organization

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 response in which you do the following:

  • Describe the three components of the business system that comprises the local business you selected. Use Figure 1.2 on p. 11 of Introduction to Business as a reference.
  • 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.

 

Resources: Ch. 1 & 2 of Introduction to Business

 

Format your paper consistent with APA guidelines.

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Category: Sample Questions