Luokat: Kaikki - advantages - service - manufacturing - non-profit

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Types and Forms of Business ownerships

Business ownership can take various forms, each with distinct characteristics. E-commerce involves online merchandising with companies like Amazon, offering advantages such as job creation and cost efficiency, though it faces intense competition and potential for negative reviews.

Types and Forms of Business ownerships

Types and Forms of Business ownerships

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Non-Profit

red cross society, Canada cancer society
a company that is not driven by money and a particular cause that receives all payments to utilize what is required to run the organization.
no profits
limited funding
hardworking employees
government funding worldwide causes

E-commerce

amazon, edible arrangements
very competitive, negative reviews
Disadvantages
Primary producer (can create more jobs), make large quantities at lower cost
Online merchandising

Manufacturing

Hershey, Toyota
turning raw materials into goods that people want
Definition
very competitive
negative reviews
make large quantities at lower cost
primary producer

Merchandising

Zara, Gap
Examples
A way of displaying products for customers
Definition
store space is expensive
non-stop changes (on aisles and selves)
better value for consumer and producers
Accessible products for everyone
Advantages

Service Business

when a company supplies efficient support to their clients
Definition
uber, postal services
Examples
Handling complaints
Challenging finding employees
Disadvantages
flexible schedule (working anywhere as as fulfilling customers needs)
no inventory
Advantages

Main topic