Question | Answer |
Added value | The difference between the cost of purchasing raw materials and the price the finished goods are sold for |
Articles of Association | This document covers the internal workings and control of the business (the names of directors and the procedure to be followed at meeting will be detailed e.g.) |
Aim | Long term goal - To survive break-even |
Autocratic leadership | A style of leadership that keeps all decision making at the centre of organization |
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