Friday, March 22, 2013

Topic 6: Who's Running the Show?

The form of the business organization that PAS runs on is a sole proprietorship, and also formed a partnership with other group. Although I don't know any history about the how did this school develop, I believe that Ms. Pamela open this school by her own hand. But I don't believe that if no one supported her, she would open this school, so I think that there were people who really supported her and also have the same idea about international education.
The group that Ms. Pamela created partnership with is the School Board of Education. The liability of PAS is limited. If the school falls, Ms. Pamela can not be held responsible for everything. Pamela doesn't not lose her property because she formed the partnership with the School Board of Education. Both of them are responsible for their actions.
The life of PAS is unlimited; if Ms Pamela retire or suddenly pass away, the school would not be destroyed, and the name of Pacific American School won't be destroyed either. If one of these reason that Ms. Pamela isn't the head of the school anymore, someone will replace her as the head of school.
If I would open a new school, I think I will choose the same way as Ms. Pamela- sole proprietorship. Unlimited life of this kind of business organization attracted me that if I die or retire, the school that I create will still go on and won't be disappeared.

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