Different Types Of Sectors The Private Sector - 1016 Words

There are 3 main different types of sectors: The Private sector makes reference to organisations run by private individuals or groups which are not controlled by the state and are run for a profit. An example of an organisation operating within this sector is Delta Auto Parts. On the other hand, company’s operating within the public sector provides government services such as a Council and is anon profitable organisation. The Voluntary Sector consists of non-profit companies that require public donations such as charitable companies like Oxfam and The British Heart Foundation. Different organisational structures are used to organize a company and their employees. There are 4 main organisational structures called classical, functional, divisional and matrix. Classical structure is mainly used for small business and is very concentrated. Delta Auto Parts fits under this category. Functional organization has their employees divided into different groups to cover different job functions and roles. Division structures are similar to functional but are divided within that group so that they have relied on their own resources and function independently. A Matrix organization has teams which are based on different function and only complete specific tasks set on that. There are 3 main business legal structures which are used separately for different business’ as it changes how the company can operate, who shares the profits and losses of the company, taxes being paid but it alsoShow MoreRelatedExplain The Size And Weakness Interrelate With External Macro Factors1199 Words   |  5 PagesBusiness Business Environment Presented by: Md.Raza Student ID: 9170072 Executive Summery In this Assignment we will discuss about different types, and purposes of Public, Private and Voluntary sectors and their Legal structures. 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