3.0
23 Nov 2020
Former employee
Ḩawwārah, Amman Governorate
Recommend
CEO approval
Business outlook
Pros
Professional Management In company business, the management is in the hands of the directors who are elected by the shareholders and are well experienced persons. In order to manage the day-to-day activities, salaried professional managers are appointed. Thus, the company business offers professional management.
Cons
Lack of Personal Interest: Unlike proprietorship and partnership, the day-to-day affairs of a company are looked after by salaried managers. Since they are the employees not the owners, they do have hardly any personal interest and commitment in the company. This may result in inefficiency and, in turn, losses.