Private sector companies are companies that use ethical business practises to achieve their social aims related to the needs of local communities and societies. Unlike charities that rely on donations, private sector for profit enterprises need to earn financial surplus to survive and operate as a sustainable business.

Public sector companies are state-owned enterprises run in a commercial way. These public sector companies are owned either partially or fully by the government. For example some national airline carriers and airport authorities.

Cooperatives are for-profit social enterprises owned and run by their members such as employees and customers with a common goal of creating value for their members by operating in a socially responsible way. For example, financial services, childcare services.

Non-profit social enterprises are businesses run in a commercial-like manner but without profit being the main goal. Instead non-profit organisations use their surplus revenues to achieve their social goals rather than distributing the surplus as dividends to its shareholders or owners. For example, public libraries and state schools.

Unlimited liability (you are personally responsible for losses and debts)

Growth refers to the increase in a company's size, revenue, market share, and profitability over time.

Profit is the money you have left after paying for business expenses.

Protecting shareholder value means keeping growth of stocks stable so the shareholders get dividends.

Ethical objectives are the moral compass that guides a company's actions, decisions, and interactions with its stakeholders.