1 what is business Flashcards
1
Q
business objectives
A
-profit
-growth
-survival
-cashflow
-social
-ethical
2
Q
missions and objectives
A
mission: the overall purpose of the business
objectives: short terms specific goals
3
Q
social enterprise
A
a social enterprise is a proper business that makes its money in a socially responsible way
self-sustaining, do not rely on donations (not like charities)
4
Q
ordinary share capital
A
finance raised through selling shares to shareholders
5
Q
market capitalisation
A
the value of the business in the market
6
Q
dividends
A
reward from the business based on the percentage of shares one own
7
Q
external environments
A
-competition
-market condition
-income
-interest rate
-demographic factors
-environmental issues
-fair trade
8
Q
limited and unlimited liability
A
9
Q
ownerships
A
