Understanding Business Quizsearch

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Sector of industry responsible for manufacturing and construction.
Secondary
1 of 15
Sector of the ecoomy consisting of government funded organisations that provide a service to society.
Public
2 of 15
Where the owners/shareholders of the organisation are only liable for the amount they invested in the business.
Limited liability
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Private individuals who own a part or a share in a limited company.
Shareholders
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Group of people nominated to control a limited company.
Board of directors
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Payment made by a limited company to its shareholders, usually an annual distribution of profits.
Dividend
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A business that operates in more than one country.
Multinational
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Long term decisions made by an organisation.
Strategic
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The "S" in SWOT analysis
Strength
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Remove a layer of management.
Delayering
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Accronym for external factors.
PESTEC
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PESTEC Factor associated with the way in which the natural environment impacts organsiations and vice versa.
Environmental
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Someone who has an interest in the success of an organisation.
Stakeholder
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Short term, day to day decisions.
Operational
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Accronym for a structured assessment of internal and external factors impacting decision making.
SWOT
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Other cards in this set

Card 2

Front

Sector of the ecoomy consisting of government funded organisations that provide a service to society.

Back

Public

Card 3

Front

Where the owners/shareholders of the organisation are only liable for the amount they invested in the business.

Back

Preview of the front of card 3

Card 4

Front

Private individuals who own a part or a share in a limited company.

Back

Preview of the front of card 4

Card 5

Front

Group of people nominated to control a limited company.

Back

Preview of the front of card 5
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