A person who owns and runs their own business and takes risks.
Another word for business.
A willingness by an individual to take risks, show initiative and undertake new ventures.
The chance of damage or loss occuring as a result of making a decision.
Documents used in the recruitment process inlcude:
- Job description
- Job advert
- Application form
- Curriculum Vitae (CV)
- Person Specification
- Job Particulars (more detailed than job advert)
A cost to a business that does not vary (stays the same) in relation to the output produced.
- Business Rates
- Advertising Costs
- Administration costs
A cost that changes directly with the number of products made by a business.