In which business organisation the advantage of availability of more f

1.	In which business organisation the advantage of availability of more financial resources and continuity of business is available?
Answer» *COMPANY* *FORM* OF *ORGANISATION* In the company form of organisation availability of more resources is an advantage SINCE the number of MEMBERS are more & also the capital contributed by each member is also helpful. Regarding continuity of business it works on going concern concept i.e a company can run as LONG as until it has reached a state of liquidation. The company won't end with the death of any member or INSTABILITY of any member unlike the partnership & sole proprietary firms.

In which business organisation the advantage of availability of more financial resources and continuity of business is available?

Answer»

COMPANY FORM OF ORGANISATION

In the company form of organisation availability of more resources is an advantage SINCE the number of MEMBERS are more & also the capital contributed by each member is also helpful.

Regarding continuity of business it works on going concern concept i.e a company can run as LONG as until it has reached a state of liquidation. The company won't end with the death of any member or INSTABILITY of any member unlike the partnership & sole proprietary firms.

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