Discuss the issues that entrepreneurs should consider when evaluating different forms of ownership.

Describe the advantages and disadvantages of the sole proprietorship, partnerships, and corporations.

Describe the features of the S corporation and the limited liability company.

Discuss the alternative options for corporate forms, both for-profit and non-profit, available to social entrepreneurs.

Action Required:

Watch the short video at the following link

https://www.youtube.com/watch?v=0k8ljlnBAQIT News) – YouTube

Test your Knowledge (Question):

What is a sole proprietorship? What drawbacks should be considered?

Instructions

Answer the question available in the “Test your Knowledge” section.

Post your answer in the discussion board using the discussion link below

Business

Week 2 Case Study – Case 3.2 India is Sending Jobs Abroad

Case Study Background Information:

In this section, you will provide a background on the case, the key points that will help to understand your responses to the case study questions.

From this case, how would you describe the new of offshore outsourcing?

Why did Indian outsourcing companies have to change their strategy?

What kinds of challenges do you anticipate that the Indian companies will face in implement this new outsource strategy?

Summary and Conclusion

For this section, you will summarize the case and, at a minimum, identify at least two lessons gained from this case that will be of benefit to businesses today