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types of organozations von Mind Map: types of organozations

1. profit making

1.1. sole trader

1.1.1. advantages

1.1.1.1. complete control of the company

1.1.2. disadvantage

1.1.2.1. risky for owner’s assets

1.1.3. normally small business

1.1.3.1. hairdresses

1.2. partnership

1.2.1. advantage

1.2.1.1. share decision making

1.2.2. disadvantage

1.2.2.1. profits are shared

1.2.3. example

1.2.3.1. coca cola company

1.3. public limited company

1.3.1. advantage

1.3.1.1. easier to sell shares

1.3.2. disadvantage

1.3.2.1. business consultants and financial advisors costs

1.3.3. example

1.3.3.1. sky

1.4. private limited company

1.4.1. advantage

1.4.1.1. limited liability for shareholders

1.4.2. disadvantage

1.4.2.1. difficult to sell shares

1.4.3. example

1.4.3.1. cara lane

1.5. cooperatives

1.5.1. helps members of the enterprise

1.5.2. might start conflicts between these

2. private sector

2.1. non-profit making

2.1.1. non-profit organization

2.1.1.1. duplicated work

2.1.1.2. helps and protects human rights

2.1.1.3. The Red Cross

2.1.2. non-governmental

2.1.2.1. all profits come from donations

2.1.2.2. focused on a society problem

2.1.2.3. WWF

2.1.3. charities

2.1.3.1. tax benefits

2.1.3.2. medical research takes more work

2.1.3.3. Save the Children

3. public sector

3.1. public partner partership

3.1.1. social benefits

3.1.2. lack of profit targets

3.1.3. schools

3.2. private finance inicitive

3.2.1. ineficiency to share benefits

3.2.2. managed with social objectives

3.2.3. post office

3.3. privatisation

3.3.1. political preferences

3.3.2. does not have limitation from banks, raised from government

3.3.3. PEMEX