Types Of Organisation Structures

Question 1

Organisation Types:

Answer 1

Public sector: Government-owned organisations providing public services (e.g. NHS).

Private sector: Businesses owned by individuals or companies aiming to make profit.

Question 2

What is SME & Large enterprise?

Answer 2

SME: A business with fewer than 250 employees and a turnover under £44 million.

Large Enterprise: A business with over 250 employees and a turnover above £44 million.

Question 3

What are Non-governmental Organisations?

Answer 3

A non-profit group independent from the government, often focused on social, environmental or humanitarian causes.

Question 4

Types of stakeholders:

Answer 4

Internal: People inside the organisation (e.g. employees, managers, owners).

External: People outside the organisation (e.g. customers, suppliers, government, community).

Question 5

What is PLC and LTD?

Answer 5

PLC: A company that sells shares to the public on the stock market (must publish financial info).

LTD: A company that sells shares privately to selected people (Not listed on the stock market).