| |  © gettyImages
©
© gettyImages
Time: 10 hours
Level: Intermediate
| |
| |
 Introduction Resource- In this unit, we will consider the nature of businesses and the principal forms of business organisation. The themes covered in Part A are company, business and capital; and in Part B, business mediums,...
| |
| | General introduction to company law and practice
- 1 ‘Company law’ Resource
- Before embarking on this unit, it is important to take some time to think about the implications of its title: Company law in context. In particular, what constitutes ‘company law’, and what is the context...
- 2 Law and context Resource
- The law relating to businesses, which includes company law, is a highly practical subject because of the areas which it covers. You may in fact already have experience of this if you are in business; in...
- 3 Wider aspects of business and company law Resource
- So far, we have touched on just a few of the many aspects of the law which relates to companies and other businesses. It will be useful at this point to consider how these areas fit into some wider issues...
- 4 Law, skills and learning outcomes Resource
- This unit has a number of learning outcomes. In relation to a course of study, a learning outcome is simply something which you should be able to do (and to show that you can do) at the end of studying...
| |
| |
- Key themes and learning outcomes Resource
- The key themes of Part A are:
- 1 What is a ‘company’? Resource
- In Part A, we will start by examining some of the basic concepts which will underpin your understanding of the unit. We will begin by examining what you think a company is (you do not need to have previous...
- 2 What is a ‘business’? Resource
- The vast majority of companies are, indeed, set up and run with ‘commercial objects’ – in other words, they are business enterprises, or ‘undertakings’, set up to trade and make a profit. It is principally...
- 3 What is ‘capital’? Resource
- Before we move on to look at the different types of business organisation, we will introduce one more concept. It is the concept of capital. It has, historically, been a very important concept in company...
- Review of learning outcomes Resource
- Decide for yourself, by working through the table below, whether you have satisfied the learning outcomes for Part A.
| |
| | B. Sole traders and partnerships as business mediums
- Key themes and learning outcomes Resource
- The key themes of Part B are:
- 1 Forms of business organisation, or ‘business mediums’ Resource
- If you were to carry on the business described in Activity 2, you would be carrying on business on your own. You would be what is called a ‘sole trader’. We will look at the consequences of being a sole...
- 2 Sole traders Resource
- If you were to set up a newsagency business on your own as described in Activity 2, you would be a sole trader. Often this is described as being ‘self-employed’. You would be the ‘owner’ of the business....
- 3 Partnership Resource
- Persons who run a business together are said to be in partnership. Partnership is the second form of business organisation at which we shall look, and we will explore what a partnership is, in the eyes...
- Review of learning outcomes Resource
- Decide for yourself, by working through the table below, whether you have satisfied the learning outcomes for Part B.
| |
| |
- Reflection on this unit Resource
- To review and consolidate the learning which you have gained from studying this unit, you might like to consider the following questions:
| |
| | References and Acknowledgements | |
Except for third party materials and otherwise stated, content on this site is made available
OPML Feed
