stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Types of Businesses Flashcards | StudBud
Explore
/
Types of Businesses
Types of Businesses
10 terms
·
StudBud Administration
·
93 plays
Identify business types from description
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
A business in the private sector that can sell shares to the general public
Public Limited Company
Private Limited Company
Public Corporation
Social Enterprise
2
A business whose purpose is to support a cause and cannot make a profit
Charity
Local Authority
Quango
3
The owners of a business risk their own personal assets
Limited Liability
Unincorporated
Unlimited Liability
Incorporated
4
Businesses in this sector are owned by private individuals and aim to make a profit
Voluntary Sector
Private Sector
Public Sector
5
A business owned and controlled by one person
Company
Partnership
Sole Trader
Single Trader
6
They own a company
Government
Stakeholders
Shareholders
Sole traders
7
The sector of the economy where goods are provided by the Government
Private Sector
Public Corporation
Public Sector
Voluntary Sector
8
Owners only lose the money they have invested not personal assets
Unincorporated
Incorporated
Unlimited Liability
Limited Liability
9
One business allows another business to trade under its brand name
Franchisor
Social Enterprise
Franchisee
Franchise
10
The long terms goals of a business
Aims
Objectives
Values
