AOS 1 Flashcards
types of business
sole trader
partnership
private limited companies
public limited companies
social enterprise
government business enterprise
business objectives
making profit
increasing market share
improving efficiency
improving effectiveness
fufill market need
fufill social need
meet shareholder expectations
stake holders
owners
managers
employees
customers
suppliers
general community
potential conflicts
owner and employee
employee and shareholder
manager vs supplier
management styles
autocratic
persuasive
consultative
participative
laissez faire
appropriateness of management styles
nature of task
time
experience of employees
preference of manager
management skills
communication
delegation
planning
leadership
decision-making
interpersonal skills
corporate cultures
official
real
