In revenue terms, which type of firm is the dominant business form all over the world?

Question

Quizplus · Accepted Answer

Corporations tend to be the dominant business form in terms of revenue due to their ability to attract large investments and access to capital markets. They also have a separate legal entity from their owners, which provides limited liability and allows for easier transfer of ownership. Partnerships and sole traders typically have lower revenue due to their limited access to capital and resources. Limited partnerships, while offering some advantages, are not as commonly used and may not have the same access to capital as corporations.

In Revenue Terms, Which Type of Firm Is the Dominant