The Business Environment
Legal, Social, and Economic Environments of Business
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Before you begin, review the following resources:
- Review APA Style Sample Paper here.
- Complete the APA style tutorial here.
- Review the Frequently Asked APA Questions here.
- Read Course Welcome Letter here.
Click here to read the scenario.
Based on the business scenario you have just reviewed, you will prepare an APA formatted paper that reflects your knowledge of the legal forms of business. Specifically, you will make a management decision regarding the legal form of business you believe would be appropriate to enable the firm to successfully address the business issues it is currently facing. Keep in mind that from a legal perspective, businesses are organized as one of the following:
- Sole Proprietorship
Click here if you would like to see a What-If Analysis for this assignment.
At a minimum, your paper should include:
- A brief interpretation of the scenario issues.
- A description of and a discussion of the advantages and disadvantages of each business type (sole proprietorship, partnership, and corporation) when compared to the issues and each other.
- Your management decision regarding which business type you believe would be most likely to succeed for the scenario and why.
Remember to use citations and aligned references from academic sources to support your decision.
Submitting your assignment in APA format means, at a minimum, you will need the following:
- TITLE PAGE. Remember the running head: AND TITLE IN ALL CAPITALS.
- ABSTRACT. A summary of your paper, not an introduction. Begin writing in third person voice.
- BODY.The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 2-3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
- REFERENCE PAGE.References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper and lower case usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.
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