★ Must-know
📌 The grid distinguishes private-sector companies, public-sector companies, and non-profit organisations such as charities and associations.
Further detail
Profit-making companies contrast with non-profit charities and associations.
The four company-size categories are:
Organisational resources are:
1. Which set correctly distinguishes the organisation types in the classification?
2. What combination characterises a private-sector company?
3. A company has 180 employees. Which size category does it fall into?
Which organisation types does the grid distinguish?
Private-sector companies, public-sector companies, and non-profit organisations.
What characterises a private-sector company?
Market activity and the purpose of making a profit.
What employee ranges define the four company-size categories?
Micro-businesses have fewer than 10 employees; small companies, 10–249; medium-sized companies, 250–4,999; and large companies, more than 5,000.
Which five categories comprise organisational resources?
Human, financial, material, immaterial, and technological resources.
What is a headquarters?
An organisation’s main office.
How does a holding company control another business?
By owning more than 50% of its voting stock.
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