Business Organisations
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1 Business Organisations Part 1 Sole Traders A sole trader is Examples include: What must a sole trader do before they begin trading? Advantages of being a sole trader D Kelly 1
2 Disadvantages of being a sole trader D Kelly 2
3 Part 2 Partnership A partnership business is Examples include: What is a deed of partnership? D Kelly 3
4 Advantages of a partnership D Kelly 4
5 Disadvantages of a partnership D Kelly 5
6 Part 3 Private Limited Company (LTD) Describe the characteristics of a private limited company Limited Liability means Advantages of private limited company D Kelly 6
7 Disadvantages of a private limited company D Kelly 7
8 Describe the documents a business must prepare when forming a LTD company Document name: Contains: D Kelly 8
9 Document name: Contains: Document name: Contains: These documents are sent to the D Kelly 9
10 The documents are examined and if they are in order the company is issued with a Before the company begins trading they must hold a At this meeting Part 4 Public Limited Company (plc) Describe the characteristics of a private limited company Examples include: Advantages of public limited company D Kelly 10
11 D Kelly 11
12 Disadvantages of a public limited company D Kelly 12
13 Part 5 Co-operatives Describe the characteristics of a private limited company Types of Co-ops Explain & Example: Explain & Example: Explain & Example: D Kelly 13
14 Advantages of co-operatives D Kelly 14
15 Disadvantages of co-operatives D Kelly 15
16 Part 6 State-Owned Companies Give examples of State-Owned businesses in Ireland and describe what they do Business: Business: Business: Business: D Kelly 16
17 Describe the reasons for State involvement in business/advantages of State- Owned Businesses D Kelly 17
18 Disadvantages of State-Owned Businesses D Kelly 18
19 Privatisation is Examples of companies that have been privatised include Nationalisation is Examples of companies that have been nationalised include Describe the reasons for privatisation/advantages of privatisation D Kelly 19
20 Disadvantages of privatisation D Kelly 20
21 Part 7 Franchise From a franchisee s perspective, how does franchising work? Give examples of franchise businesses in Ireland D Kelly 21
22 From a franchisee s perspective explain the advantages of franchising D Kelly 22
23 From a franchisee s perspective explain the disadvantages of franchising Part 7 Alliance/Joint Venture Why do businesses form alliances? D Kelly 23
24 Advantages of Alliances D Kelly 24
25 Disadvantages of Alliances Examples of Alliances Name: Description: Name: Description: D Kelly 25
26 Part 8 Transnational/Multinational Companies Describe the characteristics of a transnational company Examples include: Advantages of transnational companies for Ireland D Kelly 26
27 Disadvantages of transnational companies for Ireland D Kelly 27
28 Part 9 Indigenous Firms What is an indigenous business? D Kelly 28
29 Examples include Benefits of have indigenous businesses D Kelly 29
30 Part 10 Changing Trends in Organisational and Ownership Structures Describe some of the changing trends in ownership structures taking place in Ireland Trend 1: Trend 2: Trend 3: D Kelly 30
31 Trend 4: Illustrate the reasons why businesses change their ownership structure Example (fully explained) D Kelly 31
32 Example (fully explained) Example (fully explained) Example (fully explained) D Kelly 32
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