Understanding Employer Organisations

What are the three main types of employer organisations?

• Private sector organisations, Public sector organisations, Voluntary/third sector organisations

• Manufacturing, Retail, Services

• Government, Non-Government, Private

• Corporate, Small Business, Non-Profit

Which of the following is an example of a private sector organisation?

• Schools

• Shops

• Hospitals

• Government offices

Which of the following is an example of a private sector organisation?

• A) Libraries

• B) Bars and restaurants

• C) Police stations

• D) Fire departments

Which of the following is an example of a private sector organisation?

• Hotels

• Museums

• Prisons

• Military bases

Which of the following are characteristics of private sector organisations?

• Owned by private individuals or groups

• Funded by government

• Non-profit oriented

• Operates in the public interest

Which of the following is a characteristic of private sector organisations?

• Owned by the government

• Exist to make a profit

• Do not trade in a competitive market

• Non-profit oriented

The private sector in industry sectors refers to:

• Government-owned organizations

• Non-profit organizations

• Privately owned businesses

• Publicly traded companies

A sole trader in the private sector is:

• A business owned and operated by one person

• A partnership between two or more individuals

• A corporation with multiple shareholders

• A government-owned enterprise

What is a public limited company?

• A company whose shares are traded on a stock exchange and can be bought and sold by anyone.

• A company that offers limited liability or legal protection for their shareholders.

• A business which has a successful product or service and enters into a relationship with other businesses.

Fill in the blank: Private limited companies offer limited liability or legal protection for their shareholders but place restrictions on _________.

• share ownership

• business operations

• employee benefits

• product pricing