Stakeholders
A company has responsibilities to a wide range of interested parties, people who have a 'stake' in what the company does. A company's 'stakeholders'...
Types of businesses
The main types of business organisation in the private sector are illustrated in the chart below:
Types of organisation in the private sector:
Typical sole traders include...
Types of business organisations
Types of business organisation
The main types of business organisation in the private sector in the UK are:
sole traderspartnershipscompaniesfranchises.
The sole trader
The sole trader is the...
Industrial sectors
The main types of business organisation in the private sector in the UK are - sole traders, partnerships, companies and franchises.
Thesole trader is the most...
Decision making
A business organisation is a decision-making unit that sets out to produce a product in the form of goods or services. Key decisions need...