4)"Re-Capture" is a recycling company that collects disposed computers and electronics.They are able to extract the precious metals used in the machinery and this can be quite valuable.Currently, they are a private corporation and have achieved considerable success and are now considering becoming a public corporation.

a) What do we mean by private corporation (1 mark)

b) Share your thoughts on whether Re-Capture should go a public or not and explain why (3 marks)

c) Select 2 areas of the business model canvas and apply only these two areas to "Re-Capture" (2 marks)