Pakistan study notes for Matric, Intermediate, B.A, B.COM BSC, M.A, BCS. Free Pakistani Urdu educational school, colleges and University notes.

SUITABILITY OF THE COMPANY

SUITABILITY OF THE COMPANY

The corporate form of business is suitable for medium and large sized businesses. It may he established either as a private or public company. A private company is suitable for medium sized businesses and a public company for large ones.

A public company can he formed to run large-scale retail stores, as department stores, super markets, chain stores, and mail order houses. In addition, public utilities, textile mills, hospitals, manufacturing on large scale, banking and insurance businesses require a corporate form.

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