Recognize and explain special organizational structuring.
After you read the chapter assigned this week, use the information to address the questions below.
Businesses and Owners
Rosa is the only person at her company. She provides consultation services for local facilities about palliative care.
Nguyen Counseling is a small organization with 35 employees. The owner, Dr. Nguyen, has many members (owners) and the business profits are not separately taxed.
Alexander and Yolanda share management and profit of Holistic Health care.
Four physicians created Doc-in-a-Box. The income earned separately among the doctors is significantly lower than it would be if they did not operate this way.
Determine the type of business ownership for each of the four businesses above from the following:
Sole proprietor
Partnership
Limited liability company
Limited liability partnership
C corporation, S corporation, or not-for-profit corporation
Professional corporation
Provide a brief explanation for each of your decisions. Create a one- to two-page paper in APA Style, including a title page and a reference list. You must cite and reference at least one scholarly source. You may use your textbook as a source.
