Types of organization

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Types of organization by Mind Map: Types of organization

1. Public Sector

1.1. Government business, they gives the money.

2. Private Sector

2.1. Own business, not of the government.

3. Profit organizations.

3.1. Profit based private sector business

3.1.1. Soletraders

3.1.1.1. Small companies, one person, own business.

3.1.2. Partnership

3.1.2.1. More people to work with, a team.

3.1.3. Limited companies

3.1.3.1. Limited liability

3.1.3.1.1. If the business fails you lose what you invested.

3.1.3.2. Legal personality

3.1.3.2.1. Company recognised with an identity different.

3.1.3.3. Private limited companies

3.1.3.3.1. Small-medium business owned by members of the family.

3.1.3.4. Public limited companies

3.1.3.4.1. Large business with legal sell shares to the general public.

3.2. Profit social enterprises

3.2.1. Cooperatives

3.2.1.1. People acting together to meet common needs.

3.2.2. Microfinance institutions

3.2.2.1. Give small loans.

3.2.3. Charities

3.2.3.1. Raise money to help people.

3.2.4. Public private partnership

3.2.4.1. When private sector is involved in the management.

4. Non profit social enterprises

4.1. Business in order to get money to donate