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Types of Organization - Coggle Diagram

- - - - Examples
        
        Police, military, public roads, public transit and public education
      - Advantages
        
        Provides goods and services for those members of the community who cannot afford them
        
        Benefits the local community
        
        As a public sector organisation, it faces little competition
      - Disadvantages
        
        Consumer interests ignored:
        
        As there's no profit motive, there's often a lack of innovation
  - - - Examples
        
        Any financial services, newspapers agencies, aviations, and hospitality places.
      - Disadvantages
        
        The legal set up costs are ususally very expensive.
        
        The full responsibility relays on the owners
      - Advantages
        
        They can raise money, so they ususally attend the costumer service
        
        Profits are only shared between shareholders. They receive this as a dividend.
- - - - -Small Shops
      - -Food stands
      - -Electricians
      - -Plumbers
    - - -You’re your own boss
      - -Provide “personalized services”
      - -All the money goes to yourself
    - - -Decision making can be hard and very crucial
      - Raising capital is usually very difficult.
      - Owners have full responsiblity, if it fails, its on him.
- - - - It has it’s own legal personality
      - It has continuity
      - Limited liability makes easier to attract investors
      - Huge income from the sale of shares
    - - Profits are shared with a longer number of members
      - The legal procedure to set up the business is slow and costs money
      - Financial information must be given to the shareholders
      - A lot of communication issues
    - - Twitter
      - Google
      - Forbes
      - Tumblr.
      - Sony
      - BBC
      - Amazon
      - The Walt Disney Company
      - Tesla
      - LinkedIn
- - - - Higher Financial strength
      - Easy to start, and very low cost at first.
      - Better decisions made because of 2 different opinions.
    - - Risk of disagreements between both parties.
      - The mistake of one, becames the mistake for the two of them.
      - There need to be 100% trust in each other
    - - -Nike & Apple
      - -Uber & Spotify
      - -GoPro & Redbull
      - -BMW & Louis Vuitton
      - -Amazon & American Express
- - - - The liabilities for members and managers are limited
      - It has a flexible management
    - - there are fewer fringe benefits
      - The owners inmediatly recognize profits
    - - Nike
      - Sony
      - Ebay
      - Blackberry
      - Pepsi-Cola
- - - - An Organization that its main goal is to bring help to an specific minority, or groups that can't support themselves
        
        Examples
        
        Comic Relief
        
        Make-A-Wish
        
        Liga Contra el Cáncer
    - - Independent of government involvement are known as non-governmental organizations or non-government organizations. These are a subgroup of organizations founded by citizens, which include clubs and associations that provide services to their members and others.
        
        Examples
        
        Greenpeace
        
        Amnesty International
        
        Mercy Corps
        
        Doctors Without Borders
        
        International Rescue Committee