Types of Business Organisations

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What businesses are in the private sector?
All businesses owned by private individuals
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What are the main objectives for businesses in the Private Sector
Profit and Growth
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What businesses are in the Public Sector?
All businesses not owned by individuals that are controlled by central or local government
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What is the main objective for a business in the Public Sector?
Providing a Service
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What types of businesses are in the unincorporated section of the Private Sector?
Sole Trader & Partnership
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What types of businesses are in the incorporated section of the Private Sector?
Private Limited Company (LTD) & Public Limited Company (PLC)
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Other cards in this set

Card 2

Front

What are the main objectives for businesses in the Private Sector

Back

Profit and Growth

Card 3

Front

What businesses are in the Public Sector?

Back

Preview of the front of card 3

Card 4

Front

What is the main objective for a business in the Public Sector?

Back

Preview of the front of card 4

Card 5

Front

What types of businesses are in the unincorporated section of the Private Sector?

Back

Preview of the front of card 5
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