Chapter 1&2 review

most social enterprises have these common features EXCEPT

a person or institution owning shares in a limited company is a

The benefit of the next most desired option which is given up

An entrepreneur is someone who takes the ____ risk of starting and managing a new venture

An example of a social enterprise is

which of the following is not a benefit of a franchise

lacking status and not being close to the area with the biggest market are drawbacks of

limited liability means you only lose what you have invested in the business, not personal

Farming, fishing and oil extractions are examples of what business sector?

this document covers the internal workings and control of the business, directors names

a company with the legal right to sell shares to the general public on national stock exchange

the 3 objectives of social enterprises are social, environmental and

A business in which one person provides the finance and makes all the decisions is a

two or more businesses that agree to work closely together on a shared project

Non tangible products sold to the general public

examples of franchises include all of the following except

firms that provide services such as insurance and hotels are in what business sector?

The difference between the cost of buying materials and the final price sold for

The following are all reasons why businesses fail EXCEPT

Capital is only money

businesses owned and controlled by the government are

advantages of a ___ include shared decision making, shared losses, additional capital

Personal customer service is a way to build....