IB Business Management 1.2 Type of Organizations

1.2 Types of Organizations
Information for teachers
This worksheet consists of five activities for students to complete.

  1. Distinguish between the public sector and the private sector.
  2. Put the companies into the right column (Private Limited, PLC or Public Sector).
  3. Read each of the descriptions of the business organizations and state what type of organization it is.
  4. Private Limited Companies Around the World
  5. Main Features of types of organizations

This worksheet is suitable for a class or homework activity.
Suggested answers are included.

Discussion points
• Main features of the different sectors
• Objectives of the different sectors
• Impact of sector on internal and external stakeholders
• Saudi Aramco in discussions to go public (IPO)
• Suitability of the type of organization each business currently is
• Will the ownership be likely to change in the near future
• How organizations evolve and change their type of organization e.g. going from sole trader to private limited company or PLC
• The importance of limited liability for growth, investment and innovation
• The size of private limited companies from small family owned business to large multinationals

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  • Biztopia-Education-unit-1.2-Types-of-organization.pdf

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Created: Sep 22, 2019


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