I have been asked this question quite often over the last few years, and the answers vary wildly. The best way I can respond to this question is “It depends.” The corporate form of organization is great in that it is flexible, allows for different types of businesses, and encourages diversity in the businesses in the company. However, there are some disadvantages that come with this form of business organization.
One problem with the corporate form is that a large corporation is able to have a large bureaucracy. At the top of this bureaucracy, there is a Director of Management who is responsible for the day-to-day running of the corporation. This person is also responsible for overseeing the day-to-day operations of the company. This person is also able to hire people who are more than just managers, and they can add other leadership roles to the list of jobs that they can oversee.
For small companies, the corporate form of business organization is beneficial because it allows you to have a single point of contact who is able to be accountable to you and your company. With this accountability, employees can be provided with better tools of work.
With a company controlled by a single person, you can’t really fire anyone, and their job is so boring and repetitive that they don’t really have any reason to complain. All of the company’s projects are subject to a single point person, who is ultimately accountable to no one. This person is also the guy who makes sure that the company is still doing what it was created to do, in the eyes of the shareholders.
This is a bad idea because the person who makes you work so long and hard is not going to let you get fired. He or she is a product of an organization that is not going to let you get fired. If you do, you will go back to where you were before you started working there.
Projects are very different from corporations. Corporations have a CEO, who is answerable to the shareholders. Projects have no CEO, no answer to shareholders, and no accountability to anyone.
It’s a bad idea because if you work at a project you will be answerable to whoever owns the company’s stock. So if you ask, “Why did my company go bankrupt?” you will be answerable to the CEO of the company who you are working for. The reason you ask is because you don’t have the authority to ask that question. It’s your responsibility to make sure your shareholders get paid.
This is a bad idea because the CEO is answerable to the shareholders. And with so many people, your company probably wont get paid. So if you ask, Why did my company go bankrupt you will be answerable to the CEO of the company who you are working for. And if you cant make the question of why your company went bankrupt, you wont get paid. So you will be answerable to the CEO of the company who you are working for.
There are a few advantages to a corporate structure. For instance if you have a company that makes certain products, you could make sure that the CEO of the company gets paid. So if you do business with someone you do business with the CEO of your company. If you do business with the CEO of your company, you will get paid. If you are a company that make certain products, you might be able to make sure that the CEO of your company gets paid.
You could make sure that the CEO of your company gets paid. But you would be able to buy things from other companies the CEO of which would not be paid. So if you make a deal with the CEO of your company, you are not paid. To buy something from a company the CEO of which is not paid would be to not make a deal with the CEO’s company.