a level business section one difficult terms 0.0 / 5 ? Businesswhat is business?A2/A-levelAQA Created by: preetigxCreated on: 27-05-17 18:29 private limited companies LTDs no public shares, no SE, no min. share capital requirement 1 of 9 public limited companies PLCs public shares, SE, >50,000 share capital, 25% publicly available 2 of 9 social enterprises normal businesses with a social objective 3 of 9 mutual organisations building societies, profits reinvested into business = reduce prices, no dividends 4 of 9 oligopoly small no. of large firms dominate, high marketing costs 5 of 9 monopoly one business, complete control w/ prices, low marketing costs 6 of 9 unlimited liability bus & owner = one under law, business debts = personal, *soletraders*, high risk 7 of 9 limited liability no personal responsibility, only lose what put in, separatesole legal identity 8 of 9 factors affecting demand and supply company performance, speculation, interest rates, economy, investor interest 9 of 9
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