A PLC, or public limited company, trades shares publicly on the stock exchange while an LTD, or limited company, trades shares privately. Both have set rules for the buying and selling of shares.Know More
Limited companies are incorporated, affording them legal identities as well as the rights to own their own assets and sue. Ownership is controlled by dividing up shares. Shareholders are attracted to limited companies because they have limited liability, meaning the shareholders are not held responsible for the debts if the company fails. Shareholders are not necessarily involved with the company unless they are appointed to the board of directors.
A private limited company does not trade its shares on the stock exchange, and shareholders are obliged to offer their shares to other shareholders before third parties. The restrictions on ownership are designed to regulate and prevent hostile takeovers. The number of shareholders is set, with the average being 50 shareholders.
A public limited company trades on the stock exchange, meaning anyone is able to buy shares. Public companies have to be transparent with their finances so investors can accurately determine the value of the shares. Public limited companies are also known as publicly held companies.Learn more about Corporations
The New York Times describes the position of a Chief Financial Officer, or CFO, as the person who is responsible for accounting, budgeting, financial analysis and the oversight of insurance, health insurance, real estate, banking, accounts receivable and legal issues. A treasurer is responsible for managing financial risk for the company across credit, currency, interest rates and operations.Full Answer >
The main difference between Airbus and Boeing, the two largest producers of commercial airliners in the world, is that Boeing is a leader in larger, wide-body jets, whereas Airbus has greater sales in the smaller, narrow-body market. Competition is stiff, with Airbus booking 1,503 orders in 2013 versus 1,355 for Boeing, though Airbus pulled $13 billion less in revenue than Boeing in 2013.Full Answer >
In the strictest sense, privatization is the industrial assumption of functions or institutions that were formerly part of or administered by the government, whereas commercialization is the introduction of a commodity into the free market for mass consumption. An example of privatization is the growing trend of for-profit colleges. In contrast, the introduction of a new food item at a fast food restaurant is an example of commercialization.Full Answer >
Apple makes Macintosh computers that run on its own operating system, the Mac OS, while Microsoft makes the Windows OS that runs on PC computers. Beyond these OS differences, Apple is both a software and a hardware company, whereas Microsoft, while making a few hardware products through the years, is a software-driven company with notable exceptions.Full Answer >