Purposes of Business
making a good or service more desirable
What is adding value?
owned by a single person
What is a sole trader?
broad, non-specific, and long term
What are Aims?
What is a stakeholder?
Teacher Jonathan's favourite drink
What is coffee?
we don't always get what we want
What is scarcity?
a business that is a separate legal entity from the people who run it
What is a company?
Complete the following: Specific, Measurable, Agreed, ....., ......
What are Realistic and Time-related?
What is an internal stakeholder?
The name of the new science and chemistry teacher
Who is Mr Basu?
What is primary industry?
debt that is accrued has to be paid by the owner
What is unlimited liability?
The objective of this organisation is to provide a living for the owners, profit, and growth. What is the organisation?
What is a partnership?
an external stakeholder who represent a group of people who are directly or indirectly affected by the decisions of the company
What is a local community?
Eyes on me
What is "eyes on you"?
someone who thinks of ideas and puts them into practice
What is an entrepreneur?
a company owned and run by the government
What is a public enterprise?
the following is an aim of which sector? To support the community by providing affordable and relaible public transportation.
What is the public sector?
a person who owns a part of the business
What is a shareholder?
What is "we LOVE Teacher Jonathan!"