PST
Types of organisations
Public-Private
Mix from Unit 1.2
Wild card
100

I'm the sector that gets my hands dirty with natural resources. Who am I?

Primary sector

100

I'm the type of business that's like a lone ranger, going solo. Who am I?

Sole trader

100

Define public sector

Part of economy where resources are owned and controlled by the state or government

100

What drives all the decisions (what, how, for whom to produce) in public sector?

Government decides

100

I'm a one-person show in business,
No partners in my trade,
I keep all the profit,
But all the risk is mine to wade.
What am I? 

Sole Trader

200

Provide 2 examples of secondary sector businesses

Car manufacturing, construction, textile manufacturing, food canning ...

200

I'm a business owned by shareholders. They share in my profits, but their losses? Limited. Who am I?

Limited company

200

Define private sector

Part of economy where resources are owned and controlled by individuals and companies for profit

200

What drives the decision of WHAT to produce in private sector?

Consumer choices / demand

200

Name sector

Tertiary (Entertainment)

300

This gentleman is employed in which sector?

Tertiary sector

300

I'm a business that's got a big heart. I'm all about social missions. Who am I?

Social enterprise

300

Define mixed economy

Type of economy in which resources are owned and controlled by both private and public sectors

300

What drives the decision of HOW to produce in private sector?

Whatever way brings profit

300

The tallest teammate explains any one of the five sectors without words in 1 min. Other teammates need to guess the sector

Guessed?

400

I'm the link that binds all the sectors together, kind of like a family reunion. Who am I?

Chain of production

400

If I'm a golden-arched restaurant serving Big Macs and fries in over 100 countries, what type of business model am I using?
 

Franchise!

A franchise is a business model where one business owner (the franchisor) allows another party (the franchisee) to use their brand, operational model, and proven marketing and sales strategies in exchange for a fee and a percentage of the profits.

400

1. Public or private sector? 2. Name the type of organisation

1. Public 2. Government Departments

400

What can you infer from these pie charts?

Based on the size of these countries' primary and tertiary sectors, USA is a developed economy while Brazil and Nepal are developing economies.

400

Question from the team with the lowest (or second lowest) score

^^

500

Provide 3 examples of tertiary sector businesses / business activity

Entertainment, transportation, retailing, hospitality, IT services, financial services, healthcare, education ...

500

Name 3 types of organisations found in public sector

Government Departments, Public Corporations, Nationalised Industries

500

1. Sector (for the majority of examples) 2. Type of organisation

1. Private 2. Joint Ventures

500

What drives the decision of FOR WHOM to produce in private sector?

Consumers buying power

500

Question from the team with the highest score (or second highest)

^^