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  • Forms of Business Organisations

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    Trinika Blackman
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    The document discusses different forms of business organizations and their characteristics. It includes activities that define sole traders, partnerships, cooperatives, private limited companies, public limited companies, and multinational corporations. The activities ask students to fill in blanks about definitions, formations, advantages, and disadvantages of these business forms. The document aims to help students learn about different types of business organizations.

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    The document discusses different forms of business organizations and their characteristics. It includes activities that define sole traders, partnerships, cooperatives, private limited companies, public limited companies, and multinational corporations. The activities ask students to fill in blanks about definitions, formations, advantages, and disadvantages of these business forms. The document aims to help students learn about different types of business organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views6 pages

    Forms of Business Organisations

    Uploaded by

    Trinika Blackman
    The document discusses different forms of business organizations and their characteristics. It includes activities that define sole traders, partnerships, cooperatives, private limited companies, public limited companies, and multinational corporations. The activities ask students to fill in blanks about definitions, formations, advantages, and disadvantages of these business forms. The document aims to help students learn about different types of business organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    Topic 1 The Nature of a Business

    Forms of business organisation

    Activity 1

    List the different types of business organisations

    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________

    Source: Caribbean Examintion Council (2011). Principles of Business for CSEC for Self-Study
    and Distance Learning
    Activity 2

    This activity will help reinforce your knowledge in defining and stating the formation and management
    of sole traders, partnerships and cooperatives. Fill in the blanks in the table.

    Form of Business Definition Formation Management


    Sole Trader

    Partnership

    Cooperative

    Source: Caribbean Examintion Council (2011). Principles of Business for CSEC for Self-Study
    and Distance Learning
    Activity 3

    List 4 advantages and 4 disadvntages of sole trader, partnerships and cooperatives.

    Form of Business Advantages Disadvantages


    Sole Trader

    Partnership

    Cooperative

    Source: Caribbean Examintion Council (2011). Principles of Business for CSEC for Self-Study
    and Distance Learning
    Activity 4

    Define limited liability companies (private and public) and multinationals, then state how they are
    formed and managed.

    Form of Business Definition Formation Management


    Private Limited
    Company

    Public Limited Company

    Multinational
    Corporations

    Source: Caribbean Examintion Council (2011). Principles of Business for CSEC for Self-Study
    and Distance Learning
    Activity 5

    List 4 advantages and 4 disadvantages of limited liability companies (private and public) and
    multinationals.

    Form of Business Advantages Disadvantages


    Private Limited
    Company

    Public Limited
    Company

    Multinational
    Corporations

    Source: Caribbean Examintion Council (2011). Principles of Business for CSEC for Self-Study
    and Distance Learning
    Activity 6

    Define the term (i) State Corporations and (ii) Nationalised Industries

    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________

    Advice someone what are the advantages of Private Limited Company when compared to a Partnership.

    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________
    _____________________________________________________________________________________

    Source: Caribbean Examintion Council (2011). Principles of Business for CSEC for Self-Study
    and Distance Learning

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