Types of Organisation

TYPES OF
ORGANISATION

Table of Content
 Introduction
 Different types and classification of business organisations in both the public and
private sectors
 Critical evaluation of the advantages and disadvantages of different legal
structures.
 Different organisations are managed and funded in both public and private
sectors.
 Conclusion
 References

Introduction
Organisation can be of different types and it is the choice of investor that in
which sector they would like to invest their capital. The most important
thing which is necessary to understand in it is that setup should be done as
per the requirement of law and regulations.

Nature And Formation Of Different
Types Of Business
Sole Proprietorship: These are small in size which get the right to conduct
business activity in limited area. Business is performed with small
amount of capital and it is among one of the reason that there are very
few legal responsibilities which is needed to be conducted

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Partnership Firm: Business organisation where people of similar
objective shows their participation to earn profit by coming together
in a single firm is known as partnership firm. In current situation,
the most commonly being formed business organisation is
partnership firm.

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Public Limited Company: The form of business organisation where
public get the opportunity to connect with association is known as
public limited company. This sort of business need to work at a
greater platform to earn the profit and correct team is require who
can take the daily basis decision for better outcomes