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Chapter 1




               1.3  Types of organisations


                                                Types of organisation pes of organisation
                                                Ty





                                                                                Not-for-profit
                              Profit seeking
                              Profit seeking                                   Not-for-profit




                   Sole      Partnership        Limited          Public          Private            NGOs

                  traders     owned            liability        sector            sector        promote
                 owned          and run by    company         provide         for              political,

                    and run     two or        owner's           government       example,        social or
                   by one       more            liability        services         clubs and       environmental
                                                                                                  change
                   person       people          limited to                        charities
                                                their
                                                investment


                                   Public            Private
                                     companies       companies

                                    “plc”            “Ltd”




                  Illustrations and further practice

                  Now try TYU 1 – 7 from Chapter 1
























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