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Ownership of Topshop and Police

Decent Essays
P1

There are two types of businesses, private and public. The difference between public companies and private companies is their ownership. Private held companies are under control of a single or group of shareholders when public companies are owned by the government.

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Ownership of the business

Top shop is operating in private sector. It is a Public Limited Company this means they sell their shares on the stock exchange and that it’s available to the public to purchase shares. Every public limited business is regulated by law to include a plc at the end of their brand name. Since top shop is a public limited company it has a limited liability. Limited liability is when the business goes bankrupt; the owner is
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Police

Ownership of the business

It is a Government owned business. They obtain its founds via government founding, this means that the police does not have to generate any founds within the business. It also means that they have no control over resources and decision making. This structure allows them to focus on the safety and improving safety of citizens. Since, the
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