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Different Types of Organizations

   

Added on  2023-03-24

19 Pages791 Words67 Views
BUSINESS ENVIRONMENT
P1 and P2
Different Types of Organizations_1
Different types of organization
Private sector
Public sector
Charity sector
Different Types of Organizations_2
Private sector
Private companies are small to medium sized industry
that are run by the small teams or groups of owners
The firm must be work in the legal structure which
governs what they can or cannot do.
For example: sole trader, partnership, private limited
company and public limited company.
Different Types of Organizations_3
Sole traders are the firms which can be
established by the individual withe the
limited amount of capital.
Partenership firm is the firm which is
formed by two ar more persons who
are agree to share profits nad loss for
the year. The terms and conditions of
firm is included in partnership deed.
Different Types of Organizations_4

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