5
Commercial Organizations

Learning objectives Must be able to define sole trader, partnership, company/corporations, cooperatives, microfinance providers, public-private partnerships

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Commercial Organizations

Topics of interest to businessDebtLiabilityProfitsLegal restrictions

How do these topics relate to ownership structure?

Comparison - three main types

See Moodle file Type of Business.DOCX

Task: Starting on page 26For each of the following define the form of

ownership and identify at least three advantages and three disadvantagesSole traderPartnershipCompanies/corporationsCooperativesMicrofinance providersPublic-private partnerships (include

QUANGOs)Charities

Task: Non-profit presentation