Media Ownership
Individual Ownership
entire power in individual and absolute control more secrecy can make decisions at own pace
secrecy stops employees from any kind of democratic participation only the owner is liable for the debts and losses and the rate of success depends entirely on their ability less scope for expansion
Partnership Ownership
2 - 20 relationship between persons who have agreed to share profits and losses deed of partnership
cost of operation is divided different talents and skills come together
if a partner is selfish, it’ll hurt the partnership lack of unity
Corporation Ownership
most common minimum members → 5 continuous existence independent of existence of its members (!e)
more scope increasing capital can easily expand operations and transfer of control is flexible
corporation tax is imposed decision making takes time
Group/Chain Ownership
two or more same mediums are handled by the same organization formed without a common holding but with a chain command
advantages
disadvantages
Employee Ownership
Employees own a major part of the share
advantages
disadvantages
Vertical
owns or operates (!e)