198k views
0 votes
Which is NOT among the basic types of structures to first launch a business?

a.) public organization
b.) corporations
c.) sole proprietorships
d.) partnerships

1 Answer

2 votes

Final answer:

A public organization is NOT among the basic types of structures to first launch a business. The basic business structures include sole proprietorships, partnerships, and corporations.

Step-by-step explanation:

The question, “Which is NOT among the basic types of structures to first launch a business?” refers to the common forms of business organizations used when starting a new enterprise. Among the given options, the correct answer is a) public organization. The basic types of business structures include sole proprietorships, partnerships, and corporations. A sole proprietorship is the most straightforward and involves just one person, a partnership involves two or more people, and a corporation, while more complex, offers the benefit of limited liability and the ability to raise capital by selling shares. Public organizations, on the other hand, are typically entities that are established to serve a governmental or societal function rather than being launched as a business for profit.

User Shane McCurdy
by
9.2k points