Business Types

2. Simon just started working for Meals on Wheels as a volunteer helping to deliver food the elderly in his suburb. Which industry sector does he work in?
3. an organisation that contains management and employees that work towards a common goal of being profitable.
4. Alice has been working as a trade qualified plumber for five years. She wants to start building up her own business but does not have a lot of money and only a few customers to tart with. What is the best kind of business structure for her?
5. This type of business offers shares on the Australian Stock Exchange. What kind of business structure is it?
6. a business that sells to customers as well as other businesses
7. This business structure exists with its own legal identity, but does not have shares in it offered to the general public. What kind of business is it?
8. a business that takes raw materials and adds value to them for on selling.
10. Sally, Tom and David all have worked as accountants for a few years at different firms, but recently decided they wanted to start a business together offering accounting services. What business structure would they be looking at?

1. an business structure where the liability of one owner for the debts is limited to the value of their investment, and any decisions they make must be approved by the other owners of the business.
2. Jane has become a consultant giving technical support to customers who use a specialised computer software. Which Industry sector does she work in?
9. a producer of primary goods will run a business in this industry