Private sector

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  • Created by: odustan
  • Created on: 06-10-15 09:48
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  • Private sector
    • What is it?
      • The private sector business is a privately owned or run organisation.
    • business structures inside the private sector.
      • Sole trader
      • Public limited.
      • Cooperative
      • Partnership
      • Private limited.
      • Franchise
      • Municipal undertakings
    • How it differs from the public sector?
      • How is the sector funded?
        • The private sector is funded from private individuals investing their own capital into a business, person or idea. This can also be done by the person taking a loan from a ban in their own name that is secured by assets that the bank can have a percentage of.
    • What are their aims and objectives?
      • To minimise costs
      • To gain a larger market share.
      • Increase the volume of sales.
      • To maximise profits.
      • Survival.
      • Customer welfare
      • Social responsibility.
    • Examples of private sector business'
      • Private - not for profit.
        • Charities.
          • Cancer Research
          • Save the Children
          • Tear fund
        • CO-OP
          • John Lewis.
          • The cooperative bank.
          • Nationwide
      • Private - for profit.
        • Virgin
        • British airways
        • Apple
        • Coca cola
        • Costa coffee
    • Private sector organisations
      • Unincorparated
        • Sole trader
        • partnership
      • Incorparated
        • Private limited company
          • Few share holders
        • Public limited company
          • Many share holders

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