1. (a) State THREE types of business organisation operating in a free market economy. b. For cach type of organisation stated in (a) above, list one advantage and one disadvantage. 2. Outline whether a public limited company is part of the private sector or the public sector. 3. Explain two benefits to the host country of a multinational company locating there.

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter7: Production And Growth
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1. (a) State THREE types of business organisation operating in a free market economy.
b. For each type of organisation stated in (a) above, list one advantage and one disadvantage.
2. Outline whether a public limited company is part of the private sector or the public sector.
3. Explain two benefits to the host country of a multinational company locating
there.
Transcribed Image Text:1. (a) State THREE types of business organisation operating in a free market economy. b. For each type of organisation stated in (a) above, list one advantage and one disadvantage. 2. Outline whether a public limited company is part of the private sector or the public sector. 3. Explain two benefits to the host country of a multinational company locating there.
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