Chapter

4.4. Specialized Forms of Business Organization*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. What specialized forms of business organization supplement sole proprietorships, partnerships, and corporations?

   "In addition to the three main forms, several specialized types of business organization also play an important role in our economy. We will look at cooperatives and joint ventures in this section and

2. How do buyer and seller cooperatives operate?

   "Cooperatives are autonomous businesses owned and democratically controlled by their members—the people who buy their goods or use their services—not by investors. Unlike investor-owned businesses, co

3. What principles guide cooperatives and how do they support their members?

   "Cooperatives empower people to improve their quality of life and enhance their economic opportunities through self-help. Throughout the world, cooperatives are providing members with credit and finan