BS U1-1 Key Terms

Descripción

GCSE (Unit 1 (Starting a Business)) Business Studies Fichas sobre BS U1-1 Key Terms, creado por jadepalmer98 el 14/10/2013.
jadepalmer98
Fichas por jadepalmer98, actualizado hace más de 1 año
jadepalmer98
Creado por jadepalmer98 hace más de 10 años
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Resumen del Recurso

Pregunta Respuesta
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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