KINDS OF BUSINESS PROFITABLE These kinds of business have their sole purpose as to earn profits. NON- PROFITABLE This kind of organization's main goal is to serve the society
ORGANIZATION TYPES PRIVATE SECTOR Theseareprivatelyowned institutions,whichare establishedwiththesole purpose of earning profits VOLUNTARY SECTOR Thiskindoforganizationis established in order to serve the society PUBLIC SECTOR The company which is owned andcontrolledbythe governmentfallunderthe categoryofpublicsector organization
PRIVATE SECTOR ORGANIZATION SOLE PROPRIETOR Abusinessoperatedandfunctionedbyasingleownerisknownassole proprietorship. This kind of business needs the least capital and is easy to start as compared any other form. The purpose of the business is to earn profits.
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PRIVATE SECTOR ORGANIZATION PARTNERSHIP FIRM When 2 or more individuals agree to commence business together under the binding of a partnership agreement, then it is called partnership business.
PRIVATE SECTOR ORGANIZATION LIMITED COMPANY The private company are the organization which are managed by the board of directors of the company. There company are of two types limited company and limited liability company
PUBLIC ORGANIZATION BRITISH AIRWAYS Public organization chosen for the purpose of the study is British Airways. It is a public airline company which was formed in 1974. The company has its operations in around 183 destinations around the world with the fleet size of 272 aircraft.
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PRIVATE ORGANIZATION McLaren Automotive The company was founded in 1985. McLaren automotive is the part of the McLaren group. The company deals in the production and sales of the motor cars across globe. The company focuses on the manufacturing of sports and luxury cars.
VOLUNTARY ORGANIZATION OXFAM Oxfam was founded in 1942 to relive the starving citizens of the occupied Greece. Oxfam is a global level organization based in Oxford UK. The organization rose from there to become a global foundation for relief activities.