1/4
Flashcards on the features, ownership, control, and methods of raising finance for Private Sector Organisations (LTD and PLC).
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai | Chat |
|---|
No analytics yet
Send a link to your students to track their progress
Private Limited Company (LTD)
A business structure owned by shareholders who have to be invited to buy shares, run by a Board of Directors, and financed by bank loans or selling shares to invited people (employees, family, friends).
Public Limited Company (PLC)
A business structure owned by shareholders who have bought shares on the stock exchange (where anyone can buy shares), run by a Board of Directors, and financed by bank loans or selling shares on the stock exchange.
Shareholder
An individual who buys a share (bit) of the company.
Board of Directors
A group of people who make decisions and control (run) a company.
Private Sector Organisations Features Diagram
A chart breaking down the ownership, control (run by), and finance sources for Private Limited Companies (LTD) and Public Limited Companies (PLC).