How Business Operates TASK 1 and 5.

How Business Operates
TASK 1 and 5

Types of Organisation in private sector in UK:
 The origination are a part of economy of nation which are
operated by individuals and companies. This organisation has
a sole motive of earning profits. The government do not have
any control over these organisations.
 Sole proprietors such as designers, developers, partnership
business such as legal, accounting firms. Small and medium
sizes business such as retail, hospitality food and leisure are
different types of private organisation.
1.1 Different types of organisations found in public and private sector in
UK

Types of Organisation in public sectors in UK:
 public sector organisation are one with are generally owned
and operated by government of the nation.
 The public sector organisation engage private enterprises to
deliver goods and provide services to its citizens.
 Healthcare, Education Social care, housing, Tourism
development, Audit commission, Crown prosecution services,
Department of children school and families.
CONTD....

 Sole traders: the operated generally in retailing, finance and
construction industry. For this no complicated paperwork is
required to set up business. In this decision is made quickly
and close contract can be kept.
 Partnership: in this type of business two or more individuals
come together to carry on a business and introduce capital.
The partners to business agree to share profits among
themselves on predetermined ratio or percentage.
1.2 Different structures of businesses in UK and reasons for
variations