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各位小伙伴注意了,备考已经进入了关键期,现在状态如何啊,今天帮考网为大家分享2020年ACCA考试会计师与企业科目辅导资料(3),一起来看看吧。
Classifying organization by ownership/control
Public sector organizations
The public sector is that part of the economy that is concerned with providing basic government services and is thus controlled by government organizations.
Illustration 3 – The nature of organizations
The composition of the public sector varies by country, but in most countries, the public sector includes such services as:
§ police
§ military
§ public roads
§ public transit
§ primary education and
§ healthcare for the poor.
Private sector organizations
The private sector, comprising non-government organizations, is that part of a nation’s economy that is not controlled by the government.
Illustration 4 – The nature of organizations
This sector thus includes:
§ businesses
§ charities and
§ clubs.
Within these will be profit-seeking and not-for-profit organizations.
Co-operatives
A co-operative is an autonomous association of persons united voluntary to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.
(The International Co-operative Alliance Statement on the Co-operative Identity, Manchester 1995).
Co-operatives are thus businesses with the following characteristics:
§ They are owned and democratically controlled by their members – the people who buy their goods or use their services. Investors do not own them.
§ Co-operatives are organized solely to meet the needs of the member-owners, not to accumulate capital for investors.
Illustration 5 – The nature of organizations
For example, a retail co-operative could comprise a group of people who join to increase their buying power to qualify for discounts from retailers when purchasing food.
Expandable text
Co-operatives are similar to mutual organizations in the sense that the members/clients also own the organizations that they exist for. However, they tend to deal in primarily tangible goods and services such as agricultural commodities or utilities rather than intangible products such as financial services.
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