After reading this article you will learn about the compatibility of individual objectives to organisational objectives. Both individual and organisational objectives can be fulfilled without undue sacrifice to either. The individual keeps his identity within the organisation but at the same time he respects the organisation need for co-ordination. If the individual is a member of the organisation, he will [...]
This article throws light upon the top six factors influencing choice of a particular form of organisation. The factors are: 1. Liability 2. Life of the Business 3. Raising of Funds 4. Transferability of Interests 5. Taxation Liability 6. Legal Formalities. Factor # 1. Liability: The liability of the owner/promoters is an important consideration in selecting the form of organisation. [...]
This article throws light upon the top two factors influencing the selection of a particular form of ownership. The factors are: 1. Financial Considerations 2. Non-Financial Considerations. Factor # 1. Financial Considerations: Financial considerations are mainly concerned with the raising of capital, taxation liability and cost of formation. These factors have been studied as such: (A) Ease in Raising Capital: [...]