11 Business Structures Explained in Simple English

This Business English lesson will help you understand 11 common business types by giving simple English explanations. Find out what the difference between a concern, a firm, and a conglomerate is and much more! There's also a quiz at the end of the lesson so make sure you stick around for that!

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Chapters
00:00 Intro
01:00 What is a company?
01:16 What is a corporation?
01:56 What is a Public Limited Company?
02:39 What is a Public Company?
02:57 What is a Limited Company?
04:03 What is a flat hierarchy?
04:39 What is a Sole Proprietorship/Sole Trader?
05:04 What is a partnership in business terms?
05:39 What is a conglomerate?
06:19 What is a concern in business terms?
06:59 What is a firm?
07:25 What is a cooperative?
08:03 Quiz

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