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An organization can be divided into "for profit" and "not for profit"

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For profit companies main aim is to provide goods or services but to still make money.

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A not for profit organization focus providing the good or service. An example is Trócaire.

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An organization needs resources in order to function.These resources are inputs referred to as "factors of production" -land, labour, capital and enterprise.These resources are turned into outputs-products and services that customers are willing to pay for

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A sole trader is someone who sets up a business of
their own

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A social enterprise tackles social economic and environmental issues and supports vulnerable people in our community.

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A Co-Operatives is an organization which is owned by a group of people examples Farmers

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A Private Limited Company (PLC) can be owned by 1-149 shareholders.They provide capital to start the business

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Financial Enterprises
Social Enterprises
Cultural Enterprises

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The forms of business outlined earlier in this unit are financial enterprises as they generate profit through the sale of good or services.

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Boats and boating--Equipment and supplies

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A cultural enterprise is one that is set up to promote the arts. These cultural enterprises benefit society through creating employment and attracting tourists and other spin-off business