Business Context 1 Types of organisations

An organisation can be defined as:

• A group of people working together to achieve common goals.

• A single person working independently.

• A random collection of unrelated individuals.

• A place where only machines work without human involvement.

Which ONE of the following is most likely to be an example of an informal organisation?

• Local charity

• Local dentist

• Local newsagent

• Local sports team

Which ONE of the following is most likely to control the public sector?

• National Trust

• National Corporation

• National Government

• National Health Service

How many employees does a medium sized business have?

• 20–109 employees

• 30–149 employees

• 40–209 employees

• 50–249 employees

Which ONE of the following is most likely to give strategic direction to a private sector organisation?

• Audit controls

• Mission statement

• Recording systems

• Communications process

The three main types of organisations in the third sector are:

• Charities, social enterprises, voluntary organisations

• Private companies, government agencies, charities

• Public corporations, private firms, social clubs

• Government departments, private businesses, cooperatives

One essential value of a third sector organisation is:

• Promoting social welfare

• Maximizing shareholder profit

• Focusing solely on government policies

• Prioritizing commercial advertising

Why is it vital for non-profit/voluntary organisations to create surpluses?

• To ensure they can reinvest in the organisation.

• Because they are not allowed to make a profit.

• To encourage more donations from the public.

• Because they need stock for their charity shops.

Which of the following best describes a public sector organisation?

• A group of volunteers with no formal structure.

• A business run by a single entrepreneur.

• An organisation owned and operated by the government.

• A company focused solely on making profits for shareholders.

What is the primary aim of a social enterprise?

• To operate without any financial transactions.

• To maximise profits for owners.

• To address social or environmental issues while generating income.

• To provide government services.