Tag: organisation
-
Market segmentation
Market segmentation according to Age Socio-economic groupings Location Sex Importance of segmentation By the process of segmenting people with similar needs, wants or tastes are formed into a group The company can market its products more efficiently after the segmentation has been done Selection and justification of a method of segmentation
-
What is Partnership?
Partnership The business is owned and managed by 2-20 people Partners make the decisions Profit is shared among the partners If businesses lose money, the partners have to sell their personal assets to pay off creditors (unlimited liability)
-
Choosing the form of organisation
Choosing the form of organization When you want to chose the form of organization you should consider these factors: Objectives Growth Finance Limited liability
-
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…