Franchise

Franchisor

Franchisee

Royalty

Globalisation

Multinational Company

Public Sector

Public corporation

Name two advantages and disadvantages for Multinational Companies

Name a Public Corporation

Incorporation

Registrar of Companies

Certificate of Incorporation

Board of Directors

AGM

Chair of the board of the directors

Capital

Issued Share Capital

Minority Shareholders

Major Shareholders

Instituitonal Investors

Sole Proprietor

Start up Capital

Economies of Large scale production

Silent or sleeping Partner

Deed of partnership

LLP

Incorporated

Unincorporated

Co-operatives

Sole Proprietor

Partnership

Unlimited Liability

Limited Liabilty

Bankruptcy

LTD

PLC

Insolvency

Entrepeneur

Merger

Take over

Horizontal

Vertical

Diversification

Conglomerate

Footloose

Grants

Infrastructure

Business Objectives

Mission Statement

Dividend

Market Share

Private Sector

Public Sector

Public corporation

Stakeholders

Chain of production

Primary Sector

Secondary Sector

Tertiary Sector

Specialisation

Added Value

De industrialisation