Understanding Private and Public Limited Companies
Understanding Private and Public Limited Companies
Learning objective
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Understanding Private and Public Limited Companies
Learning objective
Learning Objective
At the end of the lesson, you will understand the differences between private and public limited companies, recognise real-life examples, and apply knowledge in class activities.
What do you already know about private and public limited companies?
What is a Private Limited Company?
A private limited company is a business entity privately held by a small group of people. Shares are not publicly traded.
What is a Public Limited Company?
A public limited company is a business entity with shares traded on the stock exchange, allowing the public to buy shares.
Key Differences
Private companies have restricted share transfer, while public companies trade shares publicly. Public companies often have more regulatory requirements.
Real-Life Examples
Private: IKEA, Mars Inc. Public: Tesco, BP. Use images of these companies' logos to enhance understanding.
Class Activity: Company Research
Research a local private or public company. Present key facts: type, ownership, and interesting points.
Post-Assessment
Quiz: Identify whether the following companies are private or public. Explain your reasoning.
Exit Ticket
Write one thing you learned about private and public limited companies today.
Write down 3 things you learned in this lesson.
Write down 2 things you want to know more about.
Ask 1 question about something you haven't quite understood yet.
