Read/review the following resources for this activity:

• Textbook: Chapter 4
• Lesson
• Minimum of 1 scholarly source

Initial Post Instructions

Consider a for-profit organization in your area that you currently work for (or a company your organization competes with or one you would like to work for). What type of ownership model does the company/organization use? Why do you think this type of ownership model was chosen? What would be different in your organization if a different ownership model were used?

Follow-Up Post Instructions

Respond to at least one peer. Further the dialogue by providing more information and clarification.

Writing Requirements

• Minimum of 2 posts (1 initial & 1 follow-up)
• APA format for in-text citations and list of references

Grading

This activity will be graded using the Discussion Grading Rubric. Please review the following link:

• Link (webpage): Discussion Guidelines

Solution:

In the future, I would like to work at HCA-HealthONE LLC. This organization is one of the largest healthcare systems in the metro Denver area. It claims to have over 11,000 employees (HealthONE, 2021). some of its hospitals include Swedish Medical Center, Medical Center of Aurora, Rocky Mountain Hospital for Children, and Spalding Rehabilitation Hospital (HealthONE, 2021). The organization is registered as a limited liability company. This form of business ownership is especially common in the healthcare industry and other industries. This model is favored as it protects the company and owners from double taxation. Unlike in a subchapter S corporation, income in a limited liability company flows through the owners (Steiner & Miller, 2014). Additionally, the limited liability model has a significantly high degree of flexibility with regards to ownership. In some states, it is legal for businesses to register as…Please click the icon below to purchase full answer at only $5