what are two specific advantages and disadvantages to a corporation?
194739
Some of the biggest benefits of this business structure include access to funding, limited liability protections, and an unlimited lifespan. In terms of disadvantages, corporations are required to observe strict formalities and may be subject to expensive double taxation.
31134
There are three basic forms of business ownership: sole proprietorship, partnership and corporation. Each of these forms of business organization has advantages and disadvantages in such areas as setting up the company, paying taxes and assessing liability for business debts.
1197032
Advantages of using wholly owned subsidiaries include vertical integration of supply chains, diversification, risk management, and favorable tax treatment abroad. Disadvantages include the possibility of multiple taxation, lack of business focus, and conflicting interest between subsidiaries and the parent company.
323844
['Advantages of mergers. Economies of scale – bigger firms more efficient. ... ', 'Disadvantages of mergers. ... ', 'Network Economies. ... ', 'Research and development. ... ', 'Other economies of scale. ... ', 'Avoid duplication. ... ', 'Regulation of Monopoly. ... ', 'Prevent unprofitable business from going bust.']
887957
['Ease of formation. It is quite easy to form a holding company. ... ', 'Large capital. The financial resources of the holding and subsidiary companies can be pooled together. ... ', 'Avoidance of competition. ... ', 'Economies of large scale operations. ... ', 'Secrecy maintained. ... ', 'Risks avoided. ... ', 'Over capitalization. ... ', 'Misuse of power.']
866616
['Broader market is available. ... ', 'Involves at least two set of uncontrollable variables. ... ', 'Requires broader competence. ... ', 'Competition is intense. ... ', 'Involves high risk and challenges. ... ', 'Large-scale operation. ... ', 'Domination of multinationals and developed countries. ... ', 'International restrictions.']
150090
['Advantage: Cheap manpower. ... ', 'Advantage: Scalability. ... ', 'Advantage: Access to raw materials. ... ', 'Advantage: Access to distinctive skills. ... ', 'Advantage: Increase in productivity. ... ', 'Disadvantage: Quality problems.']
716267
["Generally, a corporation's shareholders are not liable for any debts incurred or judgments handed down against the corporation. ... ", 'Corporations may be able raise additional funds by selling shares in the corporation.']
564288
Other advantages of a general partnership are that the partners can combine resources and share the financial commitment. There are disadvantages to general partnerships, principally liability. General partners are personally liable for the business debts and liabilities.
498670
['Advantages of a Bureaucratic Structure. ... ', 'Advantage: Accountability. ... ', 'Advantage: Job Security. ... ', 'Advantage: Equal Chances to Succeed. ... ', 'Disadvantages of a Bureaucratic Structure. ... ', 'Disadvantage: Reduced Productivity and Innovation.']
30516
['What is a Business Report? ... ', 'Advantage: Performance Assessment and Comparison. ... ', 'Advantage: Regulatory and Creditor Compliance. ... ', 'Disadvantage: Cost of Time. ... ', 'Disadvantage: Not Always Accurate.']
676728
['Clearer Focus. If a firm lets go all other functions except its own core competency, it can have a clearer focus on what it does the best. ... ', 'Lower Costs. ... ', 'Flexibility. ... ', 'Control and Reliability. ... ', 'Lack of secrecy. ... ', 'Loss of control. ... ', 'Sacrificing of profit.']
177706
['better brand recognition.', 'positive business reputation.', 'increased sales and customer loyalty.', 'operational costs savings.', 'better financial performance.', 'greater ability to attract talent and retain staff.', 'organisational growth.', 'easier access to capital.']
32065
['Lower Revenue and Profitability. ... ', 'Smaller Teams of Employees. ... ', 'Small Market Area. ... ', 'Sole or Partnership Ownership and Taxes. ... ', 'Limited Area of Fewer Locations.']
802914
['It boosts value and profitability. ... ', 'It improves company reputation. ... ', 'It helps create motivated employees. ... ', 'It enhances customer relations. ... ', 'It requires higher costs. ... ', 'It can create shareholder resistance. ... ', 'It promotes greenwashing.']
110585
['Advantage: Better Financial Results. ... ', 'Advantage: Global-Level Competition. ... ', 'Advantage: Fact-Based Decision-Making. ... ', 'Advantage: Creative and Innovative Thinking. ... ', 'Advantage: Cross-Cultural Understanding. ... ', 'Disadvantage: Difficulty in Transitioning. ... ', 'Disadvantage: Short-Term Cost Outlay.']
411578
['Advantage: Increased Competition. In the business world, competition is a good thing. ... ', 'Advantage: Immunity From Political Influence. ... ', 'Advantage: Tax Reductions and Job Creation. ... ', 'Disadvantage: Less Transparency. ... ', 'Disadvantage: Inflexibility. ... ', 'Disadvantage: Higher Costs to Consumers. ... ', 'Privatization Pros and Cons at a Glance.']