Private Sector Organisations

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Flashcards on the features, ownership, control, and methods of raising finance for Private Sector Organisations (LTD and PLC).

Last updated 6:59 PM on 9/2/26
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5 Terms

1
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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).

2
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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.

3
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Shareholder

An individual who buys a share (bit) of the company.

4
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Board of Directors

A group of people who make decisions and control (run) a company.

5
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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).