Business Revision

3. a business owned by between 2 and 20 people
5. person who owns the franchise
8. these issues are associated with doing the 'right' thing even if It means a loss of profit for the business
9. McDonald's is an example of this
10. the word used to describe treating everyone equally
11. an example of a social enterprise with an environmental aim e.g. recycling
15. 3 business resources are land, labour and enterprising. What is the 4th?
16. a business owned by one person
17. to be able to spot a good opportunity and be willing to take risks
18. what does plc stand for?
19. what does ltd stand for?
20. a business owned by shareholders who are family and friends
22. means you could lose your personal possessions if the business gets into debt
23. in a partnership this document sets out how profits will be shared
24. a business in which shares are sold on the stock exchange
25. this aim might involve expanding the business e.g. opening more stores

1. an example of a social enterprise with an a social aim of providing employment
2. the aim of this sector is to make profit for the owners
4. a business not driven by profit but has social and environmental aims
6. taking a chance even if you are not sure that it will work out.
7. a business with between 1 and 9 staff members and less than 1.7M turnover
12. a business with between 10 and 49 employees
13. this aim would involve recycling
14. the person who buys a franchise
21. the aim of this sector is to provide a service