Types of company Flashcards
What is a public service organisation?
An organisation funded, managed, controlled by the government through taxes. not normally making profit but serve community
Give some examples of a public service organisation?
Schools
Hospitals
Police
Library
What is a commercial organisation?
Business that trades to make a profit, does not make the goods. first concern is to make a profit for the owner, shareholders by providing products and services.
What is a charitable organisation?
A ‘charity’ is an organisation with charitable purposes only.
Give some examples of a charitable organisation?
The red cross
Oxfam
What is a multinational commercial company?
Companies which span to more than one country
Give some examples of a multinational commercial company?
Microsoft
Coke-cola
What is a industrial organisation?
Businesses concerned with making goods for sale
Give an example of a ndustrial organisation?
Nissan
What is a sole trader?
One person who works for themselves without any employees working for them
what is a micro business?
A business with less than 50 employees
what is a small business?
A business which employees between 50 and 250 people
What is E-commerce?
A company that sells products and services online
Give some examples of E-commerce?
Amazon.com
Play.com
Ebay.co.uk
