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Principle of business

This class was created by Brainscape user Unknown Unknown. Visit their profile to learn more about the creator.

By: Unknown Unknown
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Decks in this class (20)

What is a business
What is a business,
Why do people do business,
What are wants and needs
12  cards
Barter system
What is a barter,
Limitations of barter system,
Advantages of barter system
9  cards
Money
What is money,
Features of money,
Functions of money
5  cards
Types of economic systems
What is economic system,
Characteristics of economic systems,
Functions of an economic system
11  cards
Private and public sector
What is private sector,
Examples of firms in private sector,
Advantages of private sector
8  cards
private sector and sole proportership
Private sector organizations,
The sole proprietorship,
Characteristics of
5  cards
partnership
Partnership,
Advantages and of partnership,
Types of partnerships
7  cards
Cooperatives
Cooperatives,
Principles of cooperatives,
Advantages and disadvantages of a...
16  cards
Companies
What is a compamy,
Types of companies,
Limited liability company
12  cards
Definitions
Debentures,
Prospectus,
Ceritfic of
13  cards
Franchises
What is a franchise,
What is a franchisee,
Who is a franchisee
9  cards
Stakeholders
What is a stakeholders,
Types of stakeholders,
Internal stakeholder
7  cards
Functional areas of a business
Factors of production,
Management functions,
Management responsibilities
12  cards
Functions of management
What is management,
Organizing,
Planning
9  cards
Responsibility of Management
Responsibility of management to o...,
Responsibilities of management to...,
Responsibilities of management to...
5  cards
The nature of business
Business ethics,
Ethical and legal issues,
Unethical
5  cards
Types of managers
Types of managers,
Top manager,
Middle manager
4  cards
Ethical And Legal Issues || Why the Issues are Important
A business should be a bona fide ...,
A company should make sure that t...,
A ethical business should make su...
3  cards
Ethical And Legal Issues In Establishing a Business
1the adoption of a code of ethics,
1the adoption of a code of ethics,
2 policies on environmental issuea
4  cards
Consequences Of Unethical And Illegal Practices In Business
1misleading advertising,
2with holding of tax,
3 unethical disposal of waste
4  cards

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Principle of business

  • Class purpose General learning

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