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Question 1

Name the organisational chart of limited companies

Answer 1

Shareholder, board of directors, managing director/ chief executor, managers (it, sales, finance, production 0.)

Question 2

Name two ways a business could check credit transfer worthiness of a consumer

Answer 2

Bank reference

Trade reference

Question 3

What is a trade reference

Answer 3

A letter from a business with which the customer has previously done business with

Question 4

What is the net profit

Answer 4

Gross profit less expences