1.3 & 1.5 distribution & forms of business

?
  • Created by: UserCLS
  • Created on: 24-05-22 12:06
what is the term for when a business owner legally separates themselves from the business to create their own legal identity
incorporation
1 of 12
resilience, determination, innovation and confidence are all examples of what in an entrepreneur
characteristics
2 of 12
communication, team-working, problem solving and organisation are all examples of what in an entrepreneur
skills
3 of 12
sole trader and partnerships have what kind of liability
unlimited
4 of 12
when a business aims to make the maximum amount of profit, it is often a financial motive to set up a business
profit maximisation
5 of 12
Jim buys the rights to open a McDonalds branch, is he the franchisee or franchisor
franchisee
6 of 12
which type of company finds it easiest to raise funds (out of PLC, LTD, Sole trader or partnership)
public limited company
7 of 12
what company is owned by two or more people
partnership
8 of 12
what type of business operated on behalf of society, like a not-for profit
social enterprise
9 of 12
the process of getting the product/service to the customer
distribution
10 of 12
how the product gets to the customer
distribution channel
11 of 12
what type of distribution channel is ebay an example of
online retail
12 of 12

Other cards in this set

Card 2

Front

resilience, determination, innovation and confidence are all examples of what in an entrepreneur

Back

characteristics

Card 3

Front

communication, team-working, problem solving and organisation are all examples of what in an entrepreneur

Back

Preview of the front of card 3

Card 4

Front

sole trader and partnerships have what kind of liability

Back

Preview of the front of card 4

Card 5

Front

when a business aims to make the maximum amount of profit, it is often a financial motive to set up a business

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Business resources:

See all Business resources »See all distribution resources »