Ebook The business environment (fifth edition): Part 2

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Ebook The business environment (fifth edition): Part 2

Part ThreeFIRMS8Legal structures9Size structure of firms10Industrial structure11Government and businessLegal structuresIan WorthingtonLearning outcome

Ebook The business environment (fifth edition): Part 2 esMarket-based economies comprise a rich diversity of business organisations, ranging from the very simple enterprise owned and operated by one person

, to the huge multinational corporation with production and distribution facilities spread across the globe. Whatever the nature of these organisation Ebook The business environment (fifth edition): Part 2

s or their scale of operation, their existence is invariably subject to legal definition and this will have consequences for the functioning of the or

Ebook The business environment (fifth edition): Part 2

ganisation. Viewing the business as a legal structure provides an insight into some of the important influences on business operations in both the pri

Part ThreeFIRMS8Legal structures9Size structure of firms10Industrial structure11Government and businessLegal structuresIan WorthingtonLearning outcome

Ebook The business environment (fifth edition): Part 2 nd public sectors4 compare UK business organisations with those in other parts of Europe•illustrate the implications of a firm’s legal structure for i

ts operations•explain franchising, licensing and joint venturesKey termsArticles of Association ‘Black economy' CompanyCompany directors ConsortiumCon Ebook The business environment (fifth edition): Part 2

sumer societies Executive directorsFranchisingGearing Golden shareJoint ventureLicensingManaging directorMemorandum ofAssociationNationalised industry

Ebook The business environment (fifth edition): Part 2

Non-executive directorsPartnershipPrivate limited companyPublic corporationPublic limited company(PLC)Public sector organisationsShareholdersSole trad

Part ThreeFIRMS8Legal structures9Size structure of firms10Industrial structure11Government and businessLegal structuresIan WorthingtonLearning outcome