How Business Operates

How Business Operates
Task 1

There are different types of organization which are under public and private sector in
UK country. These are
Private
 Partnership - in this type of business people who are involved are two or more than
two persons. Before entering in business people must register himself in the
Partnership business. In this involves the address of the people, name of the
partners, name of the business, capital distribution and profit sharing. This
document will decide that which partner will invest in what ratio.
 Joint stock company - risk is more involved in this. Capital is raised by selling of
shares of diverse range. Shares are purchased by those persons are called
shareholders. The body who is managing this type of company is called Board of
Directors.
Discussing the various types of organization which are under the public
and private sector.

Public
 Government companies- in this type of the organisations,
government involvement is more than compared to other. In
this 50% of shares is owned by the government. This
organisation is partly controlled by the central government.
 Public corporations-these type of organisation is fully
controlled by the government. firm are made because of
special act of parliament.
CONTD..