What you’ll learn4 learning objectivesChoose one objective for a focused lesson, or study the complete topic.1.2.1Private and public sectors• Distinguish between private sector and public sector organizations• Ownership, purpose, funding, and accountability differ across sectorsSyllabus objective1.2.2Main for-profit organizations• Evaluate features of sole traders, partnerships, privately held companies, and publicly held companies• Compare ownership, liability, control, finance, continuity, and legal statusSyllabus objective1.2.3For-profit social enterprises• Evaluate private sector companies, public sector companies, and cooperatives as social enterprises• For-profit social enterprises combine commercial activity with social or environmental aimsSyllabus objective1.2.4Non-profit social enterprises• Evaluate non-governmental organizations (NGOs)• NGOs pursue social, humanitarian, or environmental aims without distributing profit to ownersSyllabus objective