Private Sector Organisations



Organizations in the private sector

Sole trader

Partnerships

Private limited company

Public limited company

Co-operatives

 

Aims of organisations in the private sector

Sole traders

  • Make profit or survive in recession
  • Make all decisions

Partnerships

  • To make profit
  • Get more money and ideas

Private limited companies

  • Limited liability and make profit

Public limited companies

  • Raise large capital
  • Earn profit for the shareholders

Co-operatives

  • Help each other
  • Share profits equally





Rating 3.00 out of 5


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