BS U1-1 Key Terms

Beschreibung

GCSE Business Studies (Unit 1 (Starting a Business)) Karteikarten am BS U1-1 Key Terms, erstellt von jadepalmer98 am 14/10/2013.
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Karteikarten von jadepalmer98, aktualisiert more than 1 year ago
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Erstellt von jadepalmer98 vor etwa 11 Jahre
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Zusammenfassung der Ressource

Frage Antworten
Product A good or service sold by the business
Profit More income than expenditure
Enterprise The ability to get up and go
Liability Responsibility for debts of business, limited means only the money you can put in you get out, unlimited is opposite
Sole Trader The only owner of the business
Interdependence All sectors rely on each other
Specialisation Stay in the sector they are good at - become more efficient
Stakeholders Any people or groups of people who have an interest in a business
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