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| The Australian Bureau of Statistics defines a large-scale organisation (LSO) as one that employs 200 or more people or has assets (what the organisation owns) worth more than $200 million. An LSO may also earn revenue in the millions. |
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| LSOs also usually have large market share, trade in many parts of the world and have complex organisational structures. |
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| LSOs typically have management functions called operations, finance, human resources, marketing, and research and development. |
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| An organisation is two or more people working together to achieve an objective. |
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| The main types of LSOs in Australia include corporations (owned by shareholders), government departments, and not-for-profit organisations. |
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| A corporation, or company, is owned by shareholders and managed by directors. A public corporation is listed on the Australian Securities Exchange. A private corporation can have one shareholder but no more than 50 shareholders. |
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A government business enterprise is owned by the government.
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A multinational corporation is owned and based in one country and operates in many countries throughout the world.
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Human Resources, Marketing, Research and development, Finance and operations are typical management functions in an organisational structure.
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| A corporation is owned by shareholders and aims to make a profit |
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| A shareholder is any person who owns shares in a company. |
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| A government business enterprise is government owned and operated. |
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GBEs are sold to the private sector, and then run as profit-making businesses. This process is known as privatisation
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| Public private partnerships (PPPs) occur when a corporation invests in public infrastructure, suchas roads, while the government retains responsibility for the delivery of services. |
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