The learning outcomes of this unit are that you are able to:
- understand the difference between sole trader and partnership organisations
- understand the difference between unincorporated business and limited companies
- understand the difference between private limited companies and public limited companies
- compare and contrast all of these forms of business organisation in the private sector by referring to their advantages and disadvantages
- understand the features of business organisations in the public sector
- recommend suitable forms of business organisation to owners and managers of firms in particular circumstances
