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Organisation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Organisation

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by maximus07.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • May 23, 2021 at 12:38 pm #621530
    maximus07
    Participant
    • Topics: 446
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    • ☆☆☆☆

    According to Bushanan and Huczynski, Sole trader is not an organisation as it does not have collective goals.
    Is Partnership an organisation?

    May 23, 2021 at 2:56 pm #621543
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10607
    • ☆☆☆☆☆

    I would disagree with B&H. A sole trader could have employeesand there could be collective goals. If B&H literally mean that eperson is completely alone trading then there simply is nothing to form an organisation which implies several parties.

    A partnership is defined as two or more people in business in common with a view to making a profit. So yes, a partnership is an organisation.

    May 23, 2021 at 4:08 pm #621547
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Alright sir. Thanks.

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  • The topic ‘Organisation’ is closed to new replies.

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