Question: PLEASE ANSWER THE SECOND QUESTION THIS TOPIC HAS 3 ITEMS: 1. Outline and discuss the five (5) factors to consider when selecting a business's organizational

PLEASE ANSWER THE SECOND QUESTION

THIS TOPIC HAS 3 ITEMS:

1. Outline and discuss the five (5) factors to consider when selecting a business's organizational form.

2. Outline and discuss the three (3) traditional business organizations and the four (4) hybrid forms along the 5 factors to consider when selecting business form on question 1 above.

3. You and two of your college roommates have discussed plans to open a restaurant. You intend to attract college-age students who are health- and fitness-minded to your restaurant. You and your co-owners agree that each will invest equally in terms of time and money. However, in addition to contributions made by each of you, another $700,000 is essential for the restaurant to succeed.

Explain the form of business organization is best suited for this business activity along the 5 factors to consider when selecting business form on question 1 above.

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