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Learning Outcomes: The Beach at South Bank, Brisbane

The document discusses public and private sector organizations and how they differ in finance, control, structure and objectives. It provides examples of specific organizations like local governments, national governments, for-profit businesses, non-profits and more to illustrate differences. Key terms are also reviewed at the end.

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Audrey R
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50 views3 pages

Learning Outcomes: The Beach at South Bank, Brisbane

The document discusses public and private sector organizations and how they differ in finance, control, structure and objectives. It provides examples of specific organizations like local governments, national governments, for-profit businesses, non-profits and more to illustrate differences. Key terms are also reviewed at the end.

Uploaded by

Audrey R
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Learning outcomes

• By the end of this session students should be


able to:
2 Recreation, – distinguish between private sector and public sector
leisure and organizations
tourism – understand the differences in finance, control,
structure and objectives of organizations
organizations
– understand ways in which capital can be raised
– analyse movements in share prices
– analyse the effects of different organizational
structures on organizational behaviour

© John Tribe © John Tribe

1 2

Public sector organizations Public sector organizations


• Local government organizations
– Sources of finance
– Ownership and control
– Aims and missions
• National government organizations
– Sources of finance
– Ownership and control
– Aims and missions

© John Tribe © John Tribe

3 4

The Beach at South Bank,


Brisbane
Private sector organizations

• Local
government run
• Free to use
(why?)
• Financed from?
• Would you find
a similar facility
in the UK?

© John Tribe © John Tribe

5 6

1
Eula’s Café, Englishman’s Beach,
Private sector organizations
Tobago
• Profit-making organizations • SME
– Unlimited liability • Capital?
– Limited liability • Aims?
– Sources of finance • Growth?
– Share prices and the stock market • Impact?
– Aims, missions, ownership and control • Sustain-
• Non-profit-making organizations ability?

© John Tribe © John Tribe

7 8

Virgin Blue BAA Heathrow


• Was
• Owned by government
Richard owned
Branson • Privatised by
• Floated in Mrs Thatcher
December • Now a public
2003 limited
company
• Differences?
© John Tribe © John Tribe

9 10

The National Trust Tourism Concern

• A not for profit • UK based


organisation pressure group
• Aims = heritage • Aims to
conservation promote
• Financed? responsible
tourism

© John Tribe © John Tribe

11 12

2
Review of key terms Review of key terms
• Public sector • Public corporation
– government-owned.
• Private sector – public sector commercial-style organization.
– non-government-owned. • Dividend
• Council member
– elected councillor.
– the distribution of profits to shareholders.
• Council officer • Limited liability
– paid official.
– liability limited to amount of investment.
• Private limited company
– company with restrictions governing transfer of shares. • Flotation
• Public limited company – floating a private limited company on the stock
– company whose shares are freely transferable and quoted on market, thus becoming a public limited company.
stock market.

© John Tribe © John Tribe

13 14

2 Recreation,
leisure and
tourism
organizations:
The End

© John Tribe

15

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