Legal structure and aims & objectives
- Created by: Kirsten Reading
- Created on: 27-04-13 14:17
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- Legal structure
- Private Limited Company
- Cannot publicly advertise shares
- Public Limited Company (PLC)
- Can advertise shares on Stock Exchange
- Advantages
- More sources of finance
- Liquidity
- Status
- More capital
- Disadvantages
- Loss of control
- Loss of confidentiality
- Risk of failure
- Divorce of ownership and control
- Shareholders and managers are different groups of people
- Different objectives
- Conflict
- Private Limited Company
- Aims & Objectives
- Growth
- Internal
- External
- Innovation
- New products on the market
- Diversification
- Move into new markets
- Going international
- New customers, markets, etc.
- Ethical & Environental
- Pollution
- Renewable resources
- Animal testing
- Fair trade sources
- Expensive
- Environmentally friendly packaging
- Benefits
- Competitive advantages
- Increase sales
- Social benefits
- Growth
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