1. Types of business Flashcards
1
Q
Public limited companies
A
Companies listed & traded on a stock market
2
Q
Private limited companies
A
Shares are privately held & privately traded
3
Q
Nationalised corporations
A
Businesses where the government is the majority / sole shareholder
4
Q
Social enterprises
A
Businesses whose profits are reinvested to help fund social projects
5
Q
Co-operatives & Partnerships
A
Each member of the business has an equal stake. Partnerships are employee-owned firms
