Types of Companies

TYPES OF COMPANIES

Table of Contents
INTRODUCTION......................................................................................................................................2
MAIN BODY..............................................................................................................................................2
Definition, features and examples of micro, small, medium and large size businesses.............2
Definition, characteristics and examples of sole trader venture, partnership, limited liability
business, public limited liability ventures and cooperative..............................................................3
Identifying different organizational structures and how it affects productivity of business..........5
Applying Pestle analysis to determine external factors that impact performance of a company
.................................................................................................................................................................7
CONCLUSION..........................................................................................................................................9
REFERENCES........................................................................................................................................10

INTRODUCTION
A company is defined as a legal unit established by a group of individual people
or a person to make money, satisfy customers and gain a lot of profits. The current
assignment will explain definition of varied forms of companies, legal structures and
their characteristics with examples. Furthermore, it will justify types of organizational
structures and its effects on business productivity. Lastly, the study will clarify external
factors effect on a venture performance.
MAIN BODY
Definition, features and examples of micro, small, medium and large size businesses
Basis Micro Small Medium Large
Description A micro
company is
included in
category of
those
organizations
that have few
employees and
limited
resources in
term of funds
(Hernández,
Yañez-Araque
and Moreno-
García, 2020).
It is another
types of
companies
who has
operated
ventures at
small level and
provide
satisfactory
services and
products to
local people.
It defined as
midsize
venture firm
that may have
limited assets
through which
they may
sustain in
market and
earn money in
term of profit.
It described as
an
organization
that have wide
range of
services &
products,
which they
utilize to
increase
profits margin
and reach at
international
level.
Characteristics The main
feature of micro
size companies
is that it have
limited assets
Small
organizations
may have
smaller teams
of workers and
The main
characteristics
of medium size
ventures is
that it may
It may have
wide market
area and large
customer
base, which

and may have
informal
management
style.
limited market
area where it
may serve
their quality
services and
offer products
(List and
Explain the
Characteristics
of a Small
Scale
Business,
2019).
willing to take
a risk and
focused on
aim
achievements
for which they
may use
limited
resources like
workers.
they may
attempts to
retain for
longer with the
help of skilled
and talented
workers, who
are capable to
offer goods in
ethical
manner.
Examples Trading Scents,
as micro
company
operate in Iver
as perfume
wholesalers,
with 3 workers.
Oat Cash and
Carry is the
best example
of small size
companies, as
it operated at
small level in
retail industry.
Funeral care is
considered as
medium size
organization
that has
operated in the
UK.
TESCO is a
large size
company,
which falls
under
category of
leading
supermarkets
in the world.
Definition, characteristics and examples of sole trader venture, partnership, limited
liability business, public limited liability ventures and cooperative
Basis Sole trader
business
Partnership Limited
liability
business
Public
limited
liability
ventures
Cooperativ
e
Meaning It defined as
one man’s
venture,
This kind of
legal
structure is
A private
firm whose
owner is
It
categorized
into those
A firm that
may control
and