IB Business Unit 1.2 Types of Business Organisation.pptx -...

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IB Business Management Unit 1.2 Types of Business Organisation
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Types of Business Organisation Objectives Distinguish between private and public sectors Outline the main features of for-profit commerc ial organisations Outline the main features of for-profit social ent erprises Outline the main features of non-profit social en terprises
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Private Sector v Public Sector What are the differen ces between business es in each sector?
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Private Sector v Public Sector Private sector – organisatio ns owned and controlled by private individuals and busi nesses rather than by the g overnment. In most cases, p rofit is the aim, e.g. Taobao. Public sector – organisation s under the control and ow nership of the government, e.g. China Post.
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Sole trader
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Partnership
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Limited Company (Ltd.)
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Public Limited Company (PLC)
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For profit social enterprises All profits go to charity and Social Bite help homeless people both by providing free meals that customers pre-pay and through providing employment opportunities.
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