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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
               4
     	
