Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. list the advantages and disadvantages of each form.

The following are the organizational forms a company might have as it evolves from a start-up to a major corporation and the advantages and disadvantages of each form. A sole proprietorship: Advantage: Single ownership and concentrated decision making authority; Disadvantage: Risk of permanent bankruptcy. Partnership: Advantage: Shared responsibilities; Disadvantage: Conflicts over financial issues. Corporation: Advantage: Multiple investors; Disadvantage: Large shares in profit. Multinational company: Advantage: Large network; Disadvantage: Increased operational costs.

Money believe but i may be wrong