Business Key Words 4.5 / 5 based on 4 ratings ? Business StudiesPeople in businessGCSEOCR Created by: Sarah WalkerCreated on: 08-01-13 20:15 What is the tertiary sector? The stage of production where a service is provided for consumers. 1 of 9 What is a dividend? A payment made to shareholders from the profits of a plc or ltd. 2 of 9 What is an unincorporated business? A type of business organisation which has unlimited liability. 3 of 9 What is a Greenfield site? Industrial/commercial development in an area that has not previously been built on. 4 of 9 What does AGM stand for? Annual General Meeting 5 of 9 What is a person specification? List of qualities, qualifications and knowledge needed to do a particular job. 6 of 9 What is a franchisee? The name given to a business/person buying a franchise. 7 of 9 What is an example of a non-pay motivator? Job enrichment 8 of 9 What is a line manager? A person who is directly responsible for other workers in an organisation. 9 of 9
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