Management – 3/08/18
I. Bellwork Q&A
A. What are 3 disadvantages of forming a partnership?
B. What are 3 advantages of forming a partnership?
II. Objectives:
- Describe organizations that are specialized alliances between companies or individuals.
- Describe specialized forms of corporations formed for tax or nonprofit reasons
III. Discussions:
- What is a Limited Liability Company or LLC? – LLC.com
- How to Choose the Right Business Structure
- Finding the Right Business Structure
IV. Notebook: Organizational Alliances Tree Map p266-267
V. Classwork
- 266 Vocabulary 5
- P 269 Check Point Q&A
- P 269 Q&A 1-4
- Name 2 real examples that are not listed in the book for each business structure listed below
- Cooperative
- LLC
- LLP
- Non Profit
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