Merits and demerits of organization
11
An association where two or more persons come together for a common business goal COMPANY
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Merits and demerits of an organization which may help or hinder its progress.
Transcript of Merits and demerits of organization
An association where two or more persons come together for a
common business goal
COMPANY
Types
Public Limited Company
Private Limited Company
COMPANY
The quality of being particularly good or worthy, esp. so as to deserve praise
or reward.
MERITS
Merits of a Company
Large CapitalWal-Mart
Microsoft
Apple
Share TransferChange of ownership
Profit for Buyer
Long lifeNo single Ownership
Limited LiabilityShared loss
Efficient management
Shared
Different levels
Different owner and manager
Risk sharing
Democratic control
Board of directors
CEO
Demerits
A quality or characteristic deserving of blame or censure; a fault.
• Legal formalities
• No (lack of)
interest
• Late decision
DEMERITS
Costly organization
Increased taxes
Monitory rights
DEMERITS
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