Business Units / Organizations

__________________________ This type of business is owned by two to twenty people who each put money and other resources into the business. They may all have a share in the running of the business, making decisions together. They may also at times quarrel because of disagreements that arise.

__________________________ This type of business is formed by two to fifty shareholders. This type of business is usually owned by family and close friends. Members of the public are excluded from ownership of this type of company. Shares from this company are not openly sold on the Stock Exchange.

__________________________ This type of business is made up of a group of companies each operating under different industries. They may be involved in transport, tourism and oil. For example, The Solomon Group of Companies.

_____________________This type of business has offices in several countries other than the home country. The parent company makes all of the decisions. They give these decisions to managers of these offices.

__________________________ This type of business is one established to retain or hold the controlling shares (51%) of another company. This type of business is formed specifically to obtain hold control of two or more companies. For example, Global Bahamas Holdings Ltd.

__________________________ This type of business is owned by one person. He serves as his own employee and boss, makes all of the decisions for the business, makes all of the profits and incurs all of the loss if his company fails. For example, The Hot Spot.

__________________________ This type of business involves a group of people who have the same interests and equal status coming together to make a profit. One becomes a member of this business by buying shares that generally have low value. There are five types of this type of business. Producer, Worker, Service, Financial and Consumer.

__________________________ This business is formed when a parent company sells the right to use its name and products to another company so that they can make a profit. For example, McDonalds and Wendy’s.

__________________________ In this type of business shares are openly sold on the Stock Exchange so that anyone who wishes to own a part of the company has the opportunity to do so.