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Essay / Basic Organizational Structure - 889
There are some basic business structures that can be applied in different types of businesses and who uses them. There are different basic organizational structures: the first is sole proprietorship, partnership and corporation. Here, each individual organizational structure has its own characteristics as well as certain advantages and disadvantages from its own point of view. Organizational structure can be applied depending on the situation and the type of business position and structure that can be adopted. Here there are different organizational structures with their advantages and disadvantages.1:- Sole trader:- Sole trader is the simplest type of business organization. A sole trader is a business in which a single owner can manage and control all activities. Sole proprietorship