The Types of Business Organizations Explained

What is the arrangement of business organizations from the most owners to the fewest owners?

Which diagram arranges the types of business organizations from the most owners to the fewest owners?

O A. Partnership - Sole proprietorship - Corporation
B. Corporation - Sole proprietorship - Partnership
O C. Corporation - Partnership - Sole proprietorship
O D. Sole proprietorship - Partnership - Corporation

Answer:

C. Corporation - Partnership - Sole proprietorship

The diagram of business organizations type from the most owners to the fewest owners is:

  • Corporation - Partnership - Sole proprietorship

What is a business organization?

This means the type of entity formed for the purpose of carrying on commercial enterprise.

The type of business organization as today includes:

  • sole proprietorship
  • partnership
  • corporation
  • limited Liability Company

Therefore, the Option C is correct.

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