Business Questions

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This 20 page paper is written in 4 sections answering different questions regarding business. The first part of the paper looks at the differences and similarities between private and public organizations. The second part of the paper looks at the differences between a command economy, also known as a planned economy, and a free market economy. The third part of the paper discusses different market structures; monopoly. Oligopoly, monopolistic competition and pure competition, outline what they are and their distinct characteristics. The last paper of the paper considers the role of the European Union and the impact it has on the UK. Two directives are discussed to identify their impact on UK businesses and the reasons why the UK and Denmark have not joined the single European currency are considered. The bibliography cites 7 sources.