Business studies Unit 1 Section 1 Revision

  • Created by: Jazzy4949
  • Created on: 09-06-16 16:19
Someone who owns a business that is not registered with the Government.
Sole trader
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Between 2 and 20 people who own a business that is not registered with the Government.
Partnership
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A company that is registered with the Government.
Private company / Ltd
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Tell you what you want to achieve as a business
Objectives
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Why start a business? Be your own ____
Boss
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Why start a business? Make a ____
Profit
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Why start a business? Need a ____
Job
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Why start a business? H____
Hobbies
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Why start a business? ____ something to themselves
Prove
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Why start a business? Provide a ______
Service
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P______ sector
Primary
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S______ sector
Secondary
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T______ sector
Tershary
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A document setting out what the business is and how it will run. This includes objectives and aims
Business plan
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Business plan objectives? S______
Survival
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Business plan objectives? ______ a good service
Providing
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Business plan objectives? Earning a ______
Profit
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Business plan objectives? Customer ______
Satisfaction
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Business plan objectives? Market______
Share
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Business plan objectives? Being ______
Ethical
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Business plan objectives? ______ and sustainable targets
Environmental
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Individuals or organisations that effect or are affected by the business
Stakeholder
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Stakeholder? E_____
Employees
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Stakeholder? Local ______
Community
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Stakeholder? B______
Buyers
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Stakeholder? O______
Owners
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Stakeholder? G______
Government
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Stakeholder? S_____
Suppliers
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The owner is not personally responsible for business debts of the business
Limited liability
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Other cards in this set

Card 2

Front

Between 2 and 20 people who own a business that is not registered with the Government.

Back

Partnership

Card 3

Front

A company that is registered with the Government.

Back

Preview of the front of card 3

Card 4

Front

Tell you what you want to achieve as a business

Back

Preview of the front of card 4

Card 5

Front

Why start a business? Be your own ____

Back

Preview of the front of card 5
View more cards

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13sellwoodj

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You spelt tertiary wrong, please make sure you spell it correctly you scrub

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