Final answer:
Deon works for a corporation, which is complex, expensive to form, and faces double taxation—the business is taxed on its profits and shareholders are taxed on dividends.
Step-by-step explanation:
The type of business organization that Deon works for, which is described as complex, expensive to form, and heavily taxed, refers to a corporation. A corporation is a large business structure that is legally distinct from its owners. It requires formal legal processes to set up, including obtaining permissions from national and state governments. Corporations experience what is known as "double taxation": they are taxed on their profits, and the dividends paid out to shareholders are also taxed.
Shareholders in a corporation own a portion of the business and typically have a voice in its operation, although their influence can be limited depending on the size and structure of the corporation. Setting up a corporation is more complicated and expensive compared to a sole proprietorship or a partnership, and they are subject to a vast array of rules and regulations. However, corporations are also capable of raising significant capital by selling shares and can grow to be very large, offering additional jobs and potentially introducing new technologies into the market.