This power point slide is mainly about the different forms of ownership and it focuses mainly on the Sole proprietorship, Partnerships And Corporations. As these forms of ownership are distinctive from one another as their different characteristics are highlighted in the form of their advantages and disadvantages with a brief disruption of each form of ownership. As it is evident that all enterprises are somehow different, this may be in size ,scope or diversification, what ever the distinction the basis remain that each business function in at least three major activities namely, production,marketing and finance which is more elaborated on in the power point presentation. In the world of business risk are almost inevitable and and affects an enterprise internal as well as external, therefor organisations should take cognizance of not only managing risk but most importantly preventing it, but this gets more difficult as organisations are more in control in what is in their business or environment as apposed to external factors. There are also multiple reasons why businesses fail , this too is addressed in the power point presentation. Lastly this power is reproduced from a number of sources that serves as a backbone for my viewpoint, these sources is available in the last slide of this presentation.