business
- Created by: hindsy6666
- Created on: 07-12-20 17:12
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- business
- private sector
- sole traders
- these types of businesses are owned by one person who is legally responsible for their debt.
- partnership
- this type of buisness is formed when 2 or more people create a business. Design and sales of sportswear
- private limited company
- these are controlled by shareholders who invest in the company. the shares are controlled by a board of directors.
- public limited company
- these float shares on the open market, meaning anyone can buy them. Manchester United
- cooperative
- this type of organisation is owned and managed for the benefit of its members. for example AFC Wimbledo
- sole traders
- Third-sector
- charitable trusts
- they fulfil a common aim, such as improvement of public health via sports and raise money to further this aim.
- voluntary sector
- these are organisations that exist simply to provide opportunities to play. most of those involved wont be paid.
- charitable trusts
- public sector
- local authority
- this is a business run by a local borough council which will have sports and leisure to provide a range of services. for example gyms
- public corporation
- this may be either the publicly owned company or a state owned organisation such as a university
- local authority
- private sector
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