We look at public and private companies and their differences. This lesson looks at all the advantages and disadvantages companies have.
Up Next in Term 3
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FORMS OF OWNERSHIP- COMPARISON BETWEE...
We take a comparative look at the four types of ownership that exist. The aim of this lesson is for you to see the differences and sometimes similarities between the different types of ownership.
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Forms of ownership - Sustainable job ...
We focus on the role that forms of ownership have in relation to job creation and the use of natural resources. We look at ways in which companies depending on size can provide skilled and unskilled labour and how an organisation affects the way natural resources are used.
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The cash payments journal
We introduce The Cash Payments journal which is used to record when the business makes payments or when money is taken out of the business’s bank account.