Abstract
By the end of this chapter you should be able to explain:
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the difference between primary, secondary and tertiary activities
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the benefits of limited liability
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the principal characteristics of the main forms of business organisation in the public and private sectors, in terms of ownership, sources of funding, control and distribution of profit
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the procedure for setting up a limited company
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the terms ‘privatisation’ and ‘nationalisation’.
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© 1994 Yvonne Locker
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Locker, Y. (1994). Business ownership. In: Business Skills. Palgrave, London. https://doi.org/10.1007/978-1-349-13273-7_2
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DOI: https://doi.org/10.1007/978-1-349-13273-7_2
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-59721-7
Online ISBN: 978-1-349-13273-7
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