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Using a range of management styles to lead a business

For organisations to develop they require a direction. The people who manage the business provide the direction. Taking...

External organisations

Businesses come into contact with a range of external organisations, including: CompetitorsSuppliers of services e.g. transport and communications suppliersProviders...

Vision

Thevision of a company is an outline of what that company wants to achieve. A vision needs to promote aspiration and inspirestakeholders, both...

Ownership

The owner of a business is the person who owns the business - i.e. has put the financial capital into the business...

Types of businesses

The main types of business organisation in the private sector are illustrated in the chart below:
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