Different Terms in Business

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  • Created by: Beth G-W
  • Created on: 21-04-16 10:52
What is a franchise?
A franchise is an authorisation granted by a company to an individual to help to get into the world of business.
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What is meant by a sole trader?
A sole trader is a person who is the exclusive owner of a business.
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What is a partnership?
A partnership is an association of two or more people as partners.
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What does PLC stand for?
Programmable Logic Controller
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What does LTD Stand for?
Limited
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Other cards in this set

Card 2

Front

What is meant by a sole trader?

Back

A sole trader is a person who is the exclusive owner of a business.

Card 3

Front

What is a partnership?

Back

Preview of the front of card 3

Card 4

Front

What does PLC stand for?

Back

Preview of the front of card 4

Card 5

Front

What does LTD Stand for?

Back

Preview of the front of card 5

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