Increased influence over suppliers, profit may be retained for future investment, Survival is usually an objective when the business is first starting;

Planning the production such as setting a target of an increase of 10% in output of toy production, Organising the tasks done by the production line workers.

More products available to sell, Happier more satisfied employees, Fewer mistakes made

Easier to negotiate with just one organisation representing employees, Collective bargaining (strength in numbers) increases likelihood of success for demand

Employees/managers – paid higher wages/job security, Shareholder – profit/return on investment

Limited liability, Incorporated business with separate legal identify, Quite complicated legal formalities, Danger the owners may lose control

Autocratic, Democratic, Laissez-faire. Autocratic leadership style could benefit the company because clear instruction given.

Harder to understand what is being said or questions ask, No relationship established,, Verbal communication, it might no written record so message .