Unit 1 - Investigating People at Work

The questions are all about topics covered in unit 1 - Investigating People at Work.

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  • Created by: Rachel
  • Created on: 28-04-10 16:05
What is an aim?
A long term vision of a business.
1 of 5
What is a soletrader?
A business run by one person who makes all of the decisions, keeps all of the profit and faces unlimited liability.
2 of 5
What is a corporate objective?
Specific, Measurable, Achievable, Realistic, Time bound target that will help the business achieve it's long term vision.
3 of 5
Name two advantages of being a soletrader.
You can keep all the profit and it is easy to set up.
4 of 5
What is the difference between a Plc and a Ltd?
Ltd's can only sell shares to friends and family whereas Plc's can sell shares to the public by selling them on the stock market.
5 of 5

Other cards in this set

Card 2

Front

What is a soletrader?

Back

A business run by one person who makes all of the decisions, keeps all of the profit and faces unlimited liability.

Card 3

Front

What is a corporate objective?

Back

Preview of the front of card 3

Card 4

Front

Name two advantages of being a soletrader.

Back

Preview of the front of card 4

Card 5

Front

What is the difference between a Plc and a Ltd?

Back

Preview of the front of card 5

Comments

Liam Clarke

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corporate objectives? thought that was called smart objectives?

Priya.K.Rai

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Very useful quick quiz thanks :) 

zara

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Thanks :)

tanaka

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really good

courteneybelle

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i swear corporate objectives are called SMART objectives???

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