Business Revision

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  • Created by: 15carsone
  • Created on: 14-03-19 10:36
What is a business owned by one person called?
Sole trader
1 of 6
What type or business has limited liability?
LTD
2 of 6
What is the last stage in the product life cycle?
Decline
3 of 6
What pricing Strategy invoves setting a price just below a large number to make it seem smaller eg. £9.99 not £10
psychological
4 of 6
what pricing is setting a price based on comepetitors prices
competitor
5 of 6
what part of the business focusses on businesses money
finance
6 of 6

Other cards in this set

Card 2

Front

What type or business has limited liability?

Back

LTD

Card 3

Front

What is the last stage in the product life cycle?

Back

Preview of the front of card 3

Card 4

Front

What pricing Strategy invoves setting a price just below a large number to make it seem smaller eg. £9.99 not £10

Back

Preview of the front of card 4

Card 5

Front

what pricing is setting a price based on comepetitors prices

Back

Preview of the front of card 5
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