Industry Sectors

Which of these are the 3 different industry sectors

• Private, Public, Voluntary/Third

• Franchise, Partnership, Private

• Primary, Secondary, Tertiary
• Charities, Sole, Public

A Franchise is...

• A type of license that allows a party to sell a product or service under a competitor's name
• When an established business allows a third party the right to operate using their trade name

• A type of license that allows a party to sell a product or service without permission
• A type of license that allows a party to sell a product or service independently

Lincolnshire County Council is a

Where can you find L.C.C.'s aims ?

There are how many types of Public Sector Organisations?

• Three
• Four
• Five
• Two

A Private LTD company is....

• A publicly traded business entity with unlimited liability
• A sole proprietorship with no restrictions on share trading
• A non-profit organization with unlimited liability
• A privately held business entity with limited liability, limited number of shareholders, and restrictions on share trading.

A Local Authority Organisation is....

• International governing body for sports competitions
• Government entity responsible for specific geographic areas
• Non-profit organization focused on environmental conservation
• Private company managing public services

Which of these is a Public corporation in the UK?

• Barclays Bank
• National Health Service
• Royal Mail Group
• British Airways

Which of these is a Registered Charity in the UK?

• National Health Service
• Age UK

• Royal Mail
• BBC

What type of Private Sector Organisation does the following statement describe:

"They rely on their own savings, bank loans or loans from friends and family to finance their business."