understandjng the business forms Flashcards

1
Q

plc and ltd

A
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2
Q

different forms of ownerships of a business

A
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3
Q

the effects of diff type of owners in a business mission, objectives, decision and ownerships

A
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4
Q

what is a sole trader

A
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5
Q

who has unlimited liability and who has limited liability

A
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6
Q

what are shareholders

A
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7
Q
A

profitable companies distribute shares to their shareholders and these payments are called dividends

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8
Q

private limited company (ltd)

A
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9
Q

public limited company (plc)

A
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10
Q

reason why a business decides to be and ltd

A
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11
Q

reasons why a. business decided to be a plc

A
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12
Q

reasons for changing business forms

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13
Q

what is the role of shareholders

A
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14
Q

effects of changes in share price of a company

A

rise and fall in share price

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15
Q

what does rise in share price mean for a firms

A
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16
Q

what does fall in share price mean for a firm

A
17
Q

effects of ownership : on mission

A
18
Q

effects of ownership: on objectives

A
19
Q

effects of ownership :on decisions

A