Choose the best option below which shows how the complexity of business structures increases between business types:Sole Trader, Partnership, Public Company, Private Company1Public Company, Private Company, Partnership, Sole Trader2Private Company, Public Company, Partnership, Sole Trader3Sole Trader, Partnership, Private Company, Public Company

Simple structures tend to be used by which group?Multiple choice question.large companies with low organizational complexitysmall companies with low organizational complexitylarge companies with high organizational complexitysmall companies with high organizational complexity

Compare and contrast the three main forms of business organisation: 'Sole proprietorship/trader', 'Partnership', and 'Company' by discussing the key characteristics of each form. (6 marks)

The 3 components of Organizational structure are:Complexity, formalization, and coordinationHorizontal, vertical, and spatialComplexity, formalization, and centralizationBoth A and B

Which type of organisational structure will you suggest for a firm which has diversified activities and operations requiring a high degree of specialisation?Centralised structureDecentralised structureDivisional structureFunctional structure

Name 2 variables that indicate what kind of organisational structure a business has.