Entities of Business

GRABMYESSAY.COM OFFERS TO EVALUATE SAMPLES OF VARIOUS TYPES OF PAPERS
High School ・Business ・APA ・2 Sources

 A business entity refers to a unit formed and administered following the corporate laws to permit its engagement in commercial activities.  Forms of business entities include sole proprietorship, partnerships, cooperatives among others. A stakeholder refers to a person having an interest in a particular business (Urich, 2013). A sole proprietorship relates to a business entity that is formed and run by an individual. As a result, in the sole proprietorship, the owner and the business have no legal distinction. The owner, the customers and the government are the stakeholders for a single proprietorship business. The owner runs the business as well as enjoying the profits from the trading activities. On the other hand, the customers rely on the firm for goods and services (Willis, 2013). The government regulates the activities of the sole trader by issuing a trading license as well as taxation activities. The interest of the stakeholders does not conflict in sole trading.

 A partnership refers to a business formed by two or more partners who agree to conduct business with an aim to generate profits or pursue an interest. The stakeholders in a partnership business include the partners, the customers, and the government. The partners are stakeholders since they are the owners and share the sale proceeds from the firm (Willis, 2013). The customers rely on the partnership for varied products and services. On the other hand, the government regulates the activities of the business to ensure it operates within the set laws. The partners may take part in the management hence limiting the stakeholder’s conflicts (Urich, 2013).

 A cooperative refers to an entity formed by people having a common goal or interest. The aim of formation of organizations underlines the need to meet the economic, social and cultural needs of the members. The stakeholders for a collaborative include the shareholders, management, and the government. The shareholders invest in the business; hence they are part of the firm and they are interested in receiving dividends (Urich, 2013). The management has an obligation of conducting the day to day activities of the enterprise. The government through the cooperatives act plays a vital role in regulating the activities of the unions. Conflict of interest arises in the event where the management are engaging in activities that reduce the amount of money to be shared by the shareholders as dividends. 

References

Urich, T. F. (2013). Business Organizations in the 21st Century: A Look at New Legal Forms for Business That Enhance Social Enterprise . Southern Law Journal, 241-305.

Willis, D. O. (2013, July 14). Business Entities. Retrieved from Research Gate: https://www.researchgate.net/publication/300405944_Business_Entities

Get a price
Academic level
Urgency
Pages *275 words
Total price

Prices that are easy on your wallet

Our experts are ready to do an excellent job starting at $14.99 per page

What Clients Say About Us
Our Customers Rated UsGreat
4.8
Out of 5 Based on 163 Reviews
I experienced difficult times trying to complete huge number of assignments to my university at the same time and you, guys, literally saved me. Everything was done in time and on the highest level! I really appreciate your help.
Edward,
Essay, History, 12 pages, 7 days, Master's
First time when I placed an order with you, I just lacked time to do all the homework and it was a lot going on in my family. But today I’m doing it sometimes just for fun – I really enjoy communicating with your Customer Support members and just letting myself being a bit lazy
Yuong Lo Mui,
Literature review, IT, 17 pages, 4 days, Master's
My GPA is 4.0 and I’ve always been doing everything myself, but there is a class which I was about to fail thus my GPA would decrease first time in so many years. I ordered few assignments to be completed with GrabMyEssay.com and you did a great job! Thanks to you I still remain one of the best students on campus.
Rosalinda,
Essay, Politics, 8 pages, 5 days, Junior
I am not used to such services and I usually write all the papers by myself. But this time I got in a very difficult situation and had to order my paper on this website. To my surprise it appeared to be quite good. Thank you, it is really nice service. Think I'll get back to you soon!
Jeremy,
Thesis, Management, 34 pages, 14 days, Master's
I am on my maternity leave now, so I spend a lot of time at home taking care of my little son. I’ve decided to get one more higher education degree while I’m spending so much time at home and applied for distance learning in one online college. But caring a baby takes even more time then I excepted so I’m the way too busy to write the complicated masters level research works, but GrabMyEssay.com is so-so-so cool! Thank you for that you exist! I don’t know what I would do without you all!
Karen,
Essay, Education, 15 pages, 8 days, Master's
I am studying and working at the same time and it is difficult to cope with university assignments as I am very tired after the work day. You service is a salvation for me as it helps to do everything on time. I am really happy about it. Wish you everything the best! Especially my lovely writer 109!
Desmond,
Coursework, Religion, 11 pages, 7 days, Master's

Do not know exactly what you need?

We at GrabMyEssay.com

work according to the General Data Protection Regulation (GDPR), which means you have the control over your personal data. All payment transactions go through a secure online payment system, thus your Billing information is not stored, saved or available to the Company in any way. Additionally, we guarantee confidentiality and anonymity all throughout your cooperation with our Company.

Try our service with 15% Discount for your first order!   Try our service with 15% Discount for your first order!   Try our service with 15% Discount for your first order!  

Order Now