Business Studies

?
  • Created by: Moorvi09
  • Created on: 10-12-13 09:26
PLC
Public Limited Company. Can be owned by members of the public and investors such as banks or insurance companies.
1 of 6
LTD
Private Limited Company. Each owner has a share of the business and is known as a shareholder.
2 of 6
Sole Trader
Owned by just one person even though there are several employees. They are responsible for every aspect of the business.
3 of 6
Partnership
Owned and run by two or more people. The partners are jointly responsible for running the business.
4 of 6
Charity
Provides benefits for groups in society. They are a non-profit organisation.
5 of 6
Franchise
A franchise is where a large company allows smaller businesses to use their name.
6 of 6

Other cards in this set

Card 2

Front

Private Limited Company. Each owner has a share of the business and is known as a shareholder.

Back

LTD

Card 3

Front

Owned by just one person even though there are several employees. They are responsible for every aspect of the business.

Back

Preview of the back of card 3

Card 4

Front

Owned and run by two or more people. The partners are jointly responsible for running the business.

Back

Preview of the back of card 4

Card 5

Front

Provides benefits for groups in society. They are a non-profit organisation.

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Ownership and control resources »