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Business Organization

Business and Strategy

Public-Private Partnership: Meaning, Types, Benefits, Costs

By Ahmad Nasrudin · Updated on August 7, 2021

Public Private Partnership Meaning Types Benefits Costs

What’s it: A public-private partnership is an arrangement in a public sector project involving the private sector. It is a long-term partnership, and the private sector may be involved in financing, construction, or operation, depending on the

Tags: Business Organization, Public-Private Partnership

Business and Strategy

Public Corporation: Meaning, Features, Advantages, Disadvantages

By Ahmad Nasrudin · Updated on June 4, 2021

What's it: A public corporation has the following two meanings: A state-owned entity, which is wholly or largely owned by the government - perhaps national or local governments - to provide certain public services. It is sometimes

Tags: Business Organization, Public Corporation

Business and Strategy

Non-Governmental Organization: Definition, Examples, Funding

By Ahmad Nasrudin · Updated on June 4, 2021

What's it: A non-governmental organization (NGO) is an organization legally formed without the participation or representation of any government. So, they are not owned and associated with the government. NGOs are usually established to

Tags: Business Organization, Non-Governmental Organization

Business and Strategy

List of Examples of Social Enterprises You May Be Familiar

By Ahmad Nasrudin · Updated on April 13, 2022

You may find some examples of social enterprises around you. The keywords are they balance economic, environmental, and social. Social enterprises do not only aim to maximize profits as profit-oriented companies do (economic motives). On the other

Tags: Business Organization, Social Enterprise

Management

Unlimited liability: Definition, Brief Explanation

By Ahmad Nasrudin · Updated on April 15, 2022

Unlimited liability means that the owner is responsible for all business debts. That means a higher risk for them. That contrasts with the limited liability where the legal identity of the business is separate from the owner.  Examples of

Tags: Business Organization, Unlimited liability

Business and Strategy

Limited Liability: Definition, Examples, Benefits

By Ahmad Nasrudin · Updated on July 7, 2020

What's it: Limited liability is a legal status where the owner's liability is limited to the value of their investment in the company or partnership. The business's obligations are not the owner's responsibility as a person because

Tags: Business Organization, Limited Liability

Business and Strategy

Private Limited Company: Definition, Features, Advantages, Disadvantages

By Ahmad Nasrudin · Updated on July 4, 2020

What's it: A private limited company is a company whose shares are not listed on a stock exchange, have limited liability, and have a separate legal identity from the owners. Because they are not listed on a stock exchange, their shares are not

Tags: Business Organization, Private Limited Company

Business and Strategy

Public Limited Company: Examples, Characteristics, Advantages, Disadvantages

By Ahmad Nasrudin · Updated on April 12, 2022

What's it: A public limited company is a business organization in which the legal entity is separate from the owners, has a liability, and is listed on the stock exchange. Generally, they are big companies. Also known as a listed company or

Tags: Business Organization, Public Limited Company

Business and Strategy

Partnership: Types, Features, Advantages, and Disadvantages

By Ahmad Nasrudin · Updated on July 3, 2020

What's it: A partnership is a business organization in which two or more parties work together and combine resources to advance their common interests. Each party, referred to as a business partner, agrees to share the risks, responsibilities,

Tags: Business Organization, Partnership

Business and Strategy

Sole Proprietorship: Meaning, Characteristics, Advantages, and Disadvantages

By Ahmad Nasrudin · Updated on June 30, 2020

What's it: A sole proprietorship is a business organization at its simplest. One person runs, is responsible for, and has complete control over the operations and profits of the business. It has no formal legal entity. Also known as a sole

Tags: Business Organization, Sole Proprietorship

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