商业英语入门chapter(I)

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1、FormsofBusinessOwnershipSoleProprietorshipAnorganizationthatisowned,andusuallymanaged,byonepersonThesoleproprietorisusuallyanactivemanager,workingintheshopeveryday.ADVANTAGESYoucanbeyourownboss.Youcanmakebusinessdecisionswithouthavingtoaskanyoneelse.Youalso

2、gettokeeptheprofitfromthebusinessandhavethefreedomtowindupyourbusinesswheneveryouwant.Itistheeasiestformofbusinesstostart.DISADVANTAGESItisoftendifficultfortheownertoraisecapital.Theownerispersonallyresponsibleforalltheaspectofthebusiness.He/Shehasunlimited

3、liability.Theownermustspendlonghoursworking.Itisalsodifficulttohireandkeephigh-achievementemployees.PARTNERSHIPSAlegalrelationshipbetweenpersonscarryingonaprofit-motivatedbusiness.Itmaybeapartnershipbetweentwopeople,oramongthirty;thelawdoesn’tsetalimitonhow

4、manypartnersmaybeinvolved.Threekeyelementsofanygeneralpartnershipare1.commonownership2.shareprofitsandlossesand3therighttoparticipateinmanagingtheoperationsofthebusiness.TWOTYPESOFPARTNERSHIPAgeneralpartnership:abusinesswithatleastonegeneralpartnerwhohasunl

5、imitedliabilityforthedebtsofthebusiness,Alimitedpartnership:anarrangementwhereapersoncancontributetoabusinesswithoutbeinginvolvedintheaffairsofthepartnership.ADVANTAGESApartnershipallowstwoormorepeopletoworktogetherandbringdifferentskillsandresourcestothebu

6、siness.Whentwoormorepeoplepooltheirmoneyandcredit,itiseasiertopaytherent,utilities,andotherbillsincurredbyabusiness.DISADVANTAGESBecausethepartnershipisnotconsideredtobeseparatefromitsowners,thepartnersarepersonallyresponsibleforliabilitiesofthepartnership.

7、Thereexistsdivisionofprofits.Theremaybedisagreementsamongpartners.Itisusuallydifficulttoterminate.JOINTVENTURESJointventureisthepoolingofresourcesandexpertisebytwoormorebusiness,typicallyfromdifferentareasorcountriestoachieveaparticulargoal.Therisksandrewar

8、dsoftheenterpriseareshared.Partnershipsoccurwhentwoormoreentitiesdecidetoworktogetherinabusiness.ADVANTAGESIfsuccessful,ajointventurecanoffer:accesstonewmarketsanddistributionnetworks.increasedcapacity