ABSTRACT
Recreation, leisure and tourism goods and services are produced by a variety of organizations. In order to analyse and understand the behaviour of organizations in the recreation, leisure and tourism sector it is necessary to clarify their aims and objectives. An important initial question is whether the organization is in the private sector or government-run or a not-for-profit organization. This chapter enables the reader to:
distinguish between private and public sector organizations
understand the differences in finance, control, structure and objectives of organizations
understand ways in which capital can be raised
analyse movements in share prices
analyse the effects of different organizational structures on organizational behaviour.
