Business Ownership

Paid per 'GIG'. e.g. Deliveroo & Uber
GIG Economy
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A very flexible form of work where the work is not promised at all.
Zero-Hours Contract
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Eco-Friendly Technology / Technology that supports the environment.
Green Technology
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There were 5.7 million (Blank) sector businesses in the UK at the start of 2013.
Private
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The formula for added value.
Added Value = Selling Price - The cost of bought materials, components and services.
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The main objective of a business.
To make a profit.
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The 3 types of business.
Primary, Secondary and Tertiary.
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B2B stands for.
Business to Business. (Where a business sells products to another business)
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Corporate Vision.
What the company aspires to be.
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Corporate Aims.
The long-term statement of what the business intends to achieve.
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Objectives.
More precise and detailed goals or targets that must be achieved in order to achieve the corporate aims and mission.
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SMART Objectives.
Specific, Measurable, Agreed, Realistic, Time Based.
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Dividends.
Share of profit.
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Shareholder.
Someone who owns shares in the business.
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Sole traders have what Liability?
Limited Liability.
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Organisations owned and run by the government.
Public Sector.
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Incorporated & Unincorporated Organisations.
Private Sector.
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A registered not-for-profit organisation with the main aim of raising money for a specific cause or purpose.
Charity
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Other cards in this set

Card 2

Front

Zero-Hours Contract

Back

A very flexible form of work where the work is not promised at all.

Card 3

Front

Green Technology

Back

Preview of the back of card 3

Card 4

Front

Private

Back

Preview of the back of card 4

Card 5

Front

Added Value = Selling Price - The cost of bought materials, components and services.

Back

Preview of the back of card 5
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