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Types of Business Structures

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At least 700 words. Please include in-text citations and references.

Explanation how each business structure might and might not be advantageous.
- Three types of business structure are sole proprietorship, partnership, and corporation.
- Types of corporate business structures include General corporations, Subchapter S corporations, and Limited Liability corporations.

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Solution Summary

This solution of 688 words discusses the different types of business structures are given along with advantages and disadvantages such as sole proprietorship, partnership, corporation, general corporations, subchapter corporations and limited liability corporations.

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Organizational structure to increase effectiveness

? Resources: Virtual Organization Portal

? Use the following scenario to complete this assignment:

You are an I/O consultant who has been hired by Kathy Kudler, President of Kudler Fine Foods, to provide her with recommendations for a new organizational structure to increase organizational effectiveness. The background information regarding the company may be found on the Internet portion of the Virtual Organization and the details regarding the internal structure of the organization may be found on the Intranet portion of the Virtual Organization. On the Intranet site for the organization, refer to the sections entitled:

o Organizational Charts
o Job Classifications
o Job Descriptions
o Policies & Procedures

? Create an organizational chart.

? Present the owner of Kudler Fine Foods with an alternative organizational structure.

? Include the following:

o Justification of the alternative design or of the decision to remain with the current structure.
o Summary and explanation of changes in authority and control.
o Summary and explanation of changes in areas of specialization.
o Summary and explanation of changes of coordination.

? Provide rationale as to why there are no changes if you have identified no changes in authority and control, areas of specialization, or changes of coordination.

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