Basic Organizational Structure

889 Words2 Pages

There are some basic business structures can be applied in different type of business and that use them. There are different basic organization structures first one is sole trader, partnership, and company. Here every individual organization structure have own features as well as some advantages and disadvantages from their own point of view. The organization structure can be applied on base the situation that what type of business position and structure can be adopted. Here there are different structural of organization are follows with their advantage and disadvantage. 1:- sole trader:- Sole trader is the simplest type of business organization. Sole trader is business where is only one owner who can manage and control all business. Sole trader

Open Document