Tipes of organizations.

The Private Sector In these last cardinal old age the Maltese economical system has grown rapidly in Malta and continuously. As years goes by we take on that Malta is becoming a more(prenominal) service orient deli genuinely. The travail force amounts to 148,818 (2003). The gain sufficienty intermeshed universe totals to 137,758 (2003) of which around 69.6% ar male and 30.3% atomic twist 18 female. The gainfully occupied population expanded in recent years, mainly as a result of more employment opportunities in the insular heavens. The Maltese economy is shargond out into two sectors, the ordinary sector and underground sector. The public sector, serve ar given to the public with no intention of winnings buy only to tin a service to the customers. Such service be:         Health         Army         Justice and affectionate Security          plan of attack Rescue The economy is made up of organizations which are run by private individuals and companies. Such organizations include:         Sole dealer         Partnership         Companies         Franchises         Co-operatives Sole Trader Sole Trader involves iodin person who starts a military control operation on his own. Their point is that there is no deference surrounded by the ownership and the management, these two are merged in one person, that is the person and the business are a single entity. This is very important because as we shall canvas companies of whatever type are a separate statutory entity distinct from the owner and manager.

A sole artr is suppositional for all the debts of the business. The owner of the business is responsible for all debts. Partnership The jurisprudence title of Partnership shall post:         Name and residence of from each one of the partners         The union name         The registered office of the partnership         The trade to be carried out by the partnership          donation of each of the partners Once the proceeding of partnership has been set up between the partners it must be delivered to the... If you want to get a full essay, order it on our website: Orderessay

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