1.2 Types of business organization
What we will study?
By the end of this unit you should be able to:
- Distinguish between organisations in the private sector and the public sector, applying these distinctions to your own country
- Distinguish between different types of profit-based organisations: sole traders, partnerships and companies
- Evaluate the most appropriate form of legal organisation for different businesses
- Compare and contrast the objectives of non-profit organisations,charities and non-governmental organisations and analyse the impact of their actions
Different types of business organization
What are stocks? |
What is a public limited company? |
|
|
|
Social Enterprise
A social enterprise is a business with the following features:
–Primarily social objectives
–Profits are re-invested in the business or the community
–Not driven by the need to maximise profits for shareholders/ owners
–Primarily social objectives
–Profits are re-invested in the business or the community
–Not driven by the need to maximise profits for shareholders/ owners
What is a cooperative?
|
|
|
What is micro-finance? |
Micro-finance - the bad. |
|
|
|
Public-private partnerships
Involvement of the private sector, in the form of management expertise and/or financial investment, in public sector projects aimed at benefiting the public.
