Identify three kinds of business organizations that would have difficulty in becoming a successful e-commerce organization.

Identify three kinds of business organizations that would have difficulty in becoming a successful e-commerce organization.
Answer: Three forms of business organization are: Sole Proprietorships: This is simplest and numerous form of business. It is an incorporated business owned by any person. Advantages: 1) simplicity, 2) autonomy, 3) Sole gain, 4) Single Tax, 5) Shelter income Disadvantages: 1) Limited resources, 2) Unlimited and unshared liability 2. Partnership : It is an association of two or more person to carry on as a co-owner of a business for profit. Advantage: 1) All partners get profits. 2) It is free from federal income tax. Disadvantage: 1) The death of a partner may automatically end the partnership.2) Unlimited personal liability of the partners 3