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Type of business that is owned and controlled by the people that use the service?
Wiki User
∙ 16y ago
Electric companies, telephone company, gas and water- commonly called co-ops. Most typically I have found them in small or rural areas.
~jennifer
Wiki User
∙ 16y ago
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What business is owned and controlled by two or more people?
none
A business owned and controlled by one person is known as a .?
sole proprietorship
What is it called when a business is owned by two or more people?
A business that is owned by 2 or 20 people is called a partnership. A business that is owned by 2 or 50 people is called a private company and a business that is owned by unlimited number of people is called a public company.
Is the postal service going out of business?
Obviously not, they are owned by the Government
What are the forms of private business ownership?
· Franchises o A business which has bought the right to trade under an established name · Sole Traders o Owned, controlled and financed by one person · Co-operatives o Groups of people who enter business and share the benefits § Consumer Co-operatives § Producer Co-operatives § Worker Co-operatives · Public Limited Companies (PLCs) o Minimum of 2 but no maximum number of shareholders · Private Limited Companies o Owned, financed and controlled by between 2 and 50 shareholders · Partnerships o Owned, financed and controlled by 2 or more people
What business is owned and controlled by two or more people?
none
Which term refers to a business owned and controlled by two or more people?
partnership...
What is free market system?
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
Which term refers to a business that is owned and controlled by one person?
sole proprietorship refers to a business that is owned and controlled by one person.
What is freemarket system?
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
A business owned and controlled by one person is known as a .?
sole proprietorship
What Does Service Sector Mean?
private sector is an area of business owned not by the government or council but normal people
What is it called when a business is owned by two or more people?
A business that is owned by 2 or 20 people is called a partnership. A business that is owned by 2 or 50 people is called a private company and a business that is owned by unlimited number of people is called a public company.
Is the postal service going out of business?
Obviously not, they are owned by the Government
What do you mean by sole trade?
sole trade is the form of business,which is owned ,managed and controlled by an individual.
System in which the resources are owned and controlled by the people of the country?
Capitalism
What are the forms of private business ownership?
· Franchises o A business which has bought the right to trade under an established name · Sole Traders o Owned, controlled and financed by one person · Co-operatives o Groups of people who enter business and share the benefits § Consumer Co-operatives § Producer Co-operatives § Worker Co-operatives · Public Limited Companies (PLCs) o Minimum of 2 but no maximum number of shareholders · Private Limited Companies o Owned, financed and controlled by between 2 and 50 shareholders · Partnerships o Owned, financed and controlled by 2 or more people
