Revision from whole topics

3. Changes in the business environment include
4. Influential........ are forcing businesses to reconsider their approach to decision-making.
5. ....... areformed in order to overcome some of the drawbacks of being a sole trader.
8. is often used as a measure of size, especially when comparing businesses in the same industry.
9. In an International Labour Organisation survey of new business start-ups, most entrepreneurs said that lack of ...... was their main difficulty
11. enterprise .... are businesses that aim to make profit in socially responsible ways.
12. These cam be recognized by the use of 'plc'Public limited company
13. .......is when two or more businesses work closely together on a project. This is not the same as a merger, but can lead to a merger if businesses’ interests coincide and if the joint venture is successful.
14. One of the reasons for failing the business

1. In some countries, important strategic industries, such as energy, water supply and public transport, are also owned and controlled by the state as
2. gives the owner and managers a clear plan of action to guide their actions and decisions in the early months and years of the business.
6. This is the most common form of business ownership. Although there is a single owner in this type of business organization, it is common for sole traders to employ others.
7. One of the benefits of enterprise in a country's economic development.
9. .... is not strictly a form of legal structure for a business, but it is a legal contract between a franchiser and a franchisee.
10. .... Businesses have operations in more than one country