Applied business GCSE revision

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What am I describing "the person or organisation buying the right to trade under existing brand names or images"

Franchisee

1 of 10

Complete the sentence "one advantage of being a sole trader is that they can keep all ............"

profit

2 of 10

The minimum amount of authorised share capital for a PLC is what?

fifty-thousand

3 of 10

The stakeholder of customers are interested in what other than price?

quality

4 of 10

True or false "The internal environment is anything that is out of the business' control"

false

5 of 10

What word means "the percentage of profits given back to the franchisor at the end of the year"

royalties

6 of 10

What does the "p" stand for in PLC

Public

7 of 10

What word is being described here "taking what we need to fulfil the needs of today, without jeopardising the needs of the future"

sustainability

8 of 10

"The unwritten moral code that a business follows affecting how it acts" is the definition of what

ethics

9 of 10

a business should aim to act in ........................ ways, such as being innovative, introducing new products, changing their use of ICT and changing working practices.

enterprising

10 of 10

Other cards in this set

Card 2

Front

Complete the sentence "one advantage of being a sole trader is that they can keep all ............"

Back

profit

Card 3

Front

The minimum amount of authorised share capital for a PLC is what?

Back

Card 4

Front

The stakeholder of customers are interested in what other than price?

Back

Card 5

Front

True or false "The internal environment is anything that is out of the business' control"

Back

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Applied business GCSE revision