BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Private Limited Company
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Sole Trader
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Partnership
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Public Limited Company
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Detailed explanation-1: -A PLC designates a company that has offered shares of stock to the general public.
Detailed explanation-2: -Public limited company definition A public limited company is also listed on the stock market and essentially needs to be more open and public about its details than a private company.
Detailed explanation-3: -What is a public company limited by shares? A public company limited by shares is a legal entity which is separate and distinct from its members. It is owned by its members who hold shares in the company.
Detailed explanation-4: -A public company is a company whose shares trade on a stock exchange. Typically, public companies have sold shares to the public through an initial public offering (IPO).
Detailed explanation-5: -Public companies have certain advantages over private companies. Namely, public companies have access to the financial markets and can raise money for expansion and other projects by selling stock or bonds. A stock is a security that represents the ownership of a fraction of a corporation.