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Forms Of Business Organization. Sole Proprietorship. Partnerships. Corporations. How Owners Affect Management. Owners/stockholders (elected board of directors). Board of Directors (hire officers). Definitions. Google - Motorola Mobility 2011- Microsoft Corporation - Skype
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How Owners Affect Management Owners/stockholders (elected board of directors) Board of Directors (hire officers)
Google- Motorola Mobility 2011- Microsoft Corporation- Skype Merger-Time Warner/AOL merger Acquisition
Vertical merger • Car company mergers with a tire company • Horizontal merger • Daimler-Benz and Chrysler • Conglomerate merger • athletic shoe company and a soft drink company.
Cut costs – a company merges with a supplier (vertical merger) Companies are worth more together Growth and market power Eliminate competition (horizontal) Why do companies Merge?
Give two examples of each form of business ownership. • One should be from the local community. • One should be online
Complete in groups and hand in one copy Sweet Opportunities handout
List one advantage and disadvantage of each form of business ownership. What is the difference between a limited partners and a general partners? Progress Assessment
What is the role of owners (stockholders) in the corporate hierarchy? If you buy stock in a corporation and someone is injured by one of the corporation’s products, can you be sued? Why or why not? Progress Assessment