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The business that I have chosen to study is McDonalds; McDonalds is a business franchise, which is classified as a Plc business.
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Business studies - Business classifications The business that I have chosen to study is McDonalds; McDonalds is a business franchise, which is classified as a Plc business. Plc stands for 'public limited company' and the other one is Ltd, which stands for 'private limited company' A private Limited Company tends to be something like a family business owned by members a family; this means that the company is not owned by anyone outside of the family. A public limited company is a type of business, which is owned by anyone who can afford to buy some of the companies stock. By offering their shares on the stock market plc's can raise finance with the help of anyone that choose to invest in the company. With any Limited Company shareholders appoint directors to control the management of the company and plan for its future, a private Limited Company is different from a public limited...
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