Work in pairs. There are many kinds of business organizations and various terms for them. Can you differentiate them? Read the chart below and match each type of business organisation with its corresponding description.

1) holding company

a. an organisation operating in several countries

2) multinational company

b. a firm where shareholder's liability is limited

3) private company

c. a firm, usually without commercial activity, created to be parent to other companies or hold the shares of other companies

4) subsidiary

d. an enterprise which is invested, founded, operated by a company / businessmen from another country

5) limited company

e. a firm owned by a parent company

6) joint-venture company

f. a company whose shares are not publicly available

7) sole-founded enterprise

g. a company which is operated by both the local government / company and the foreign company