Chapter2Thebusiness,tax,andfinancialenvironmentsPPT.pptVIP

chapter 2 Chapter 2: The business, tax, and financial environments Study objects: The business environment The tax environment The financial environment The capital market What does it mean? Corporation, n. an ingenious device for obtaining individual profit without individual responsibilityAmbrose Bierce, The Devil’s Dictionary The Business Environment There are four basic forms of business organization: sole proprietorships (one owner), partnerships (general and limited), corporations, and limited liability companies (LLCs) Sole proprietorships outnumber the others combined by over 2 to 1, b