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Course 812

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A product is standardized if:

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Which product is standardized?

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If there are many firms in a market, then it is likely that:

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Revenue is:  

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Limited liability is the main advantage of a public company.

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Charities are organizations based on volunteers.

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The shares can be bought and sold by the public in a plc.

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In a plc, the chief executive is responsible for carrying out company policy and the day-to-day management of the firm.

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Tasks are accepted file formats: .pdf, .jpg, .doc.

Task.   Choose either a private limited company (Ltd) or a public limited company (plc) to present. Prepare your presentation based on the following criteria:

  1. Types of Companies.
  2. Ownership and Control.
  3. Advantages
  4. Legal and Financial Formalities.
  5. Disadvantages
  6. Key Roles in Company Management.
  7. Public vs. Private.

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A limited company is cheaper to set up than a sole proprietor business.

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