Types of Organisation
Across
- 2. Business where there is no legal difference between the owner and the business.
- 4. Corporation Business organisations that are owned or controlled by the government/ state.
- 5. Company Business owner is only liable for the original amount of money invested into the business.
- 7. Where a business allows another operator to trade under their name.
- 10. enterprise Business that aims to improve human or environmental well- being.
- 11. Limited Company (Ltd) A business with limited liability and shares that can only be transferred privately ‘ from one individual to another.’
Down
- 1. Business owned by between 2 and 20 people.
- 3. Corporation A large business with production or service operations in at least two different countries.
- 6. Business that has a separate legal identity from that of its owners.
- 8. Trader Business owned by a single person.
- 9. Liability Owner of a business is personally liable for all business debts.
- 11. Limited Company (PLC) A limited company whose shares are freely sold and traded with a minimum share capital of £50,000.