________is a business structure where two or more individuals share ownership and responsibility for the business, contribute capital and expertise, and share profits and losses according to their agreement., Corporation, Sole proprietorship, Partnership, Franchise, ________ is a business structure that is considered a separate legal entity from its owners, issues shares of stock to raise capital, and provides limited liability to shareholders., Sole proprietorship, Cooperative, Partnership, Corporation, In business, different structures exist to suit various goals and risk levels. Understanding the roles of __________ is important when choosing the right business structure, as they are individuals or groups such as employees, customers, suppliers. On the other hand, __________ are individuals or entities that own shares in a company and benefit financially from profits, dividends, and stock price growth., Stakeholders - Shareholders, Partnership- Sole proprietorship, Shareholders - Stakeholders, Sole proprietorship- Partnership, In a __________ , a single person owns an operates the business meaning they are responsible for all profits, losses and liabilities., Partnership, Limited Liability Company, Sole Proprietorship, Corporation, __________a business owned and operated by its members, who share profits and decision-making. The main goal of a __________ is to meet members’ needs, not to maximize profit., cooperative - co-op, co-op - cooperative, Partnership -Sole proprietorshi, stakeholder - partnership, ________is created to serve the public good and does not operate for financial gain., cooperative, Limited Liability Company, franchising, non-profit organization, ______the benefits of both a corporation and a partnership., Limited Liability Company (LLC), Franchising, ______Is another business model where an individual buys the rights to operate a business using the brand, products, and operating model of an existing business include McDonald's, Subway, and 7-Eleven., Cooperation, Franchising
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unit 1 section b reading
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