Business organisation and environment

Table of Contents

1. Topic pack - introduction
2. 1.1 Nature of business activity - notes
3. 1.1 Nature of business activity - questions
4. 1.2 Types of organisation - notes
   1. Private and public sector
   2. Starting a business
   3. Profit-based organisations - legal structure
   4. Incorporated organisations
   5. Other types of private sector organisations
   6. Non-profit organisations
   7. Pressure groups
   8. Public-private enterprise
5. 1.2 Types of organisation - questions
6. 1.3 Organisational objectives - notes
7. 1.3 Organisational objectives - questions
8. 1.4 Stakeholders - notes
9. 1.4 Stakeholders - questions
10. 1.5 External environment - notes
11. 1.5 External environment - questions
12. 1.5 External environment - simulations and activities
13. 1.6 Organisational planning tools - notes
14. 1.6 Growth and evolution - notes
15. 1.7 Growth and evolution - questions
16. 1.7 Growth and evolution - simulations and activities
17. 1.6 Change (HL only) - notes
18. 1.9 Globalisation - notes
19. 1.9 Globalisation - questions
20. Print View

Other types of private sector organisations

Co-operatives

A co-operative is an organisation run by a group of people, each of whom has a financial interest in its success and how it is managed. That group may be the producers (agricultural co-operative), the workers (workers co-operative) or the customers (retail co-operative). The profits of the co-operative will be shared on an individual basis. Co-operatives are found across all sectors, but their importance differs from country to country. In Europe, co-operatives are popular in agriculture and retailing. Much of the wine industry in Europe is organised on a cooperative basis. Almost all of Japanese farmers belong to Nokyo, one of the largest co-operatives in the world

Most co-operatives are registered as limited liability companies.

1

Business organisations Match the following descriptions to the appropriate type of business organisation. a) A firm owned by an individual with unlimited liability Choose... A public limited company A limited company Sole trader Partnership b) A firm whose shares can be publicly traded with limited liability Choose... A public limited company A limited company Sole trader Partnership c) A firm with unlimited liability subject to an agreement about how profits will be split between the owners Choose... A public limited company A limited company Sole trader Partnership d) A firm with limited liability but where the owners have to give permission for the shares to be sold Choose... A public limited company A limited company Sole trader Partnership Yes, that's correct. Well done.No, that's not quite right. Have another go.Your answer has been saved.

Whenever you look at a business look carefully at how they are owned and where they operate. Are they simply a small local organisation? Are they privately owned or are they a limited company or partnership? Are they part of a larger national company? Are they perhaps part of a multinational group?