BS U1-1 Key Terms

Descrição

GCSE Business Studies (Unit 1 (Starting a Business)) FlashCards sobre BS U1-1 Key Terms, criado por jadepalmer98 em 14-10-2013.
jadepalmer98
FlashCards por jadepalmer98, atualizado more than 1 year ago
jadepalmer98
Criado por jadepalmer98 mais de 10 anos atrás
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Resumo de Recurso

Questão Responda
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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