Posted: December 27th, 2016
Think of businesses with which you are familiar. Describe three businesses which are examples of three different business structures. Why do you think they have formed that way?
The three businesses I have chosen are very important in today’s society and they are:
Energy- Provides a source of electrical mechanical or other form of power like: coal, fuel, transmission and Gas.
Financial Structure- Provides the r of money and other assets like banking, investments and credit.
Retail- Provides goods to customers like: food and clothing.
I feel these businesses were formed in order to have democracy in the United States. Without Energy, Finance and Retail the US would find themselves in predicaments like Africa. These resources has given the US the opportunity to grow and be able to help the less fortunate by providing credit from the financial institution in order to build homes, start businesses and provide education. The energy industry has allowed us to secure our homes with energy for everyday living and Retail is helpful because they provide some of us with jobs, food and clothing.
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