Title: Compare various types of manufacturing business ownership and organization.
Course: Cybersecurity in Manufacturing (13002-III) > Section: Understanding Manufacturing

Comparison should examine similarities and differences in the characteristics of different types of business ownership and organization to include

- sole proprietorship
- partnership
- corporation
- franchise
- limited liability company (LLC)
- limited partnership
- joint venture
- S-corporation
- nonprofit corporation
- quasi-public corporation
- cooperative

and discussing the advantages and disadvantages of each.

Comparison should also include the concept that ownership may be corporeal (title to a material/tangible object) or incorporeal (title to an intangible object, such as a copyright).

Process/Skill Questions:

- What is a sole proprietorship?
- What is a partnership?
- What is a corporation?
- What are some advantages and disadvantages of each?
- What examples of business ownership are in your area?