企业组织形式概述.pptxVIP

Introduction to Business English Chapter 1Forms of Business Ownership This chapter is easy to read. Please follow the instructions to read the text.本章重点：各种企业产权形式的定义各种产权形式的优劣势股份公司与有限公司的区别Please find the definitions of the following terms in your textbook.Sole ProprietorshipsPartnershipsCorporations Limited Liability companiesJoint VentureMergers AcquisitionsFranchisesSole Proprietorship 个人企业 An organization that is owned, and usually managed, by one person is called a Sole Proprietorship.个人企业即独资经营企业，是由一名出资者单独出资并从事经营管理的企业。Owner=BusinessStore or supermarket? One can of Coca Cola is sold at ￥3.00 in the convenient store on campus, while the same product is sold at ￥2.50 in the supermarket in the downtown 3 kilometers away. Why do some people prefer patronizing the store rather than the supermarket? Sole ProprietorshipDisadvantages:Limited sources of finance (e. g. own funds)Unlimited liability, i.e. can lose personal assetsOften has limited managerial skillsNo one to share workload and ideas withAdvantages:Can make decisions quicklyKeeps all the rewardsEasy to set upPrivacy of business affairsPartnerships A partnership is a legal relationship between at least two persons carrying on a profit-motivated business.合伙企业是由两人以上组成，在合伙人之间订立合伙协议，共同出资、合伙经营、共享收益、共担风险，并对合伙企业债务承担无限连带责任的营利性组织。Types of partnershipsGeneral partnership（普通合伙） A business with at least one general partner who has unlimited liability for the debts of the business.Limited partnership（有限合伙）An arrangement where a person can contribute to a business without being involved in the affairs of the partnership.What’s the difference between the general partners and the limited partners? (P4)What are the three key elements of partnership?Common ownershipShared profits and lossesThe right to participate in managing the operations of the businessRead the sample of partnership agreement and finish the task on P16.partnershipDisadvantagesUsually unlimited liabilityLimited sources of financeProfits must be shared between p