Intro To Business Flashcards
1
Q
Primary organisation
A
Extraction of raw materials
2
Q
Secondary organisation
A
Manufacturing, exists to facilitate transport
3
Q
Tertiary organisation
A
Distribution of sales of goods produced in the secondary sector
4
Q
Private limited company
A
Owned by its shareholders for the debts of company
5
Q
Public limited company
A
Shares are sold to the public on the stock market
6
Q
Stakeholder
A
Individual or group that’s impacted by the outcome of a project or venture
