Tuesday 10 September 2019

Unit 1 P1



You need to complete the table at the bottom of this blog entry. 

Scale:

Does the organisation operate on a local, national or international basis?

You need to explain why you have chosen one of these three options.

Why have you ruled out the other two possibilities.

Purpose:

Why does the organisation exist?

You might want to quote from the organisations mission statement here.

Ownership:

For your chosen organisation, ownership will depend on what type it is e.g. sole trader, partnership, private limited company, public limited company or not for profit organisation.

You need to explain that if your chosen organisation is a limited company it will be owned by shareholders.

You need to explain that shareholders have limited liability - what does this mean?

If it is a public sector organisation it will be owned by the government and paid for by tax revenues.

Type:


Is your organisation classified as primary, secondary or tertiary? Why?

Sector:

Is the organisation in the public or private sector?

You need to explain what being in each sector means.


Socrative quiz: 


Go to m.socrative.com on your Smartphone.
Enter Room 151756.