Business Ownership 0.0 / 5 ? BusinessBusiness OwnershipA2/A-levelNone Created by: JakMcLoughlinCreated on: 17-09-18 12:36 Paid per 'GIG'. e.g. Deliveroo & Uber GIG Economy 1 of 18 A very flexible form of work where the work is not promised at all. Zero-Hours Contract 2 of 18 Eco-Friendly Technology / Technology that supports the environment. Green Technology 3 of 18 There were 5.7 million (Blank) sector businesses in the UK at the start of 2013. Private 4 of 18 The formula for added value. Added Value = Selling Price - The cost of bought materials, components and services. 5 of 18 The main objective of a business. To make a profit. 6 of 18 The 3 types of business. Primary, Secondary and Tertiary. 7 of 18 B2B stands for. Business to Business. (Where a business sells products to another business) 8 of 18 Corporate Vision. What the company aspires to be. 9 of 18 Corporate Aims. The long-term statement of what the business intends to achieve. 10 of 18 Objectives. More precise and detailed goals or targets that must be achieved in order to achieve the corporate aims and mission. 11 of 18 SMART Objectives. Specific, Measurable, Agreed, Realistic, Time Based. 12 of 18 Dividends. Share of profit. 13 of 18 Shareholder. Someone who owns shares in the business. 14 of 18 Sole traders have what Liability? Limited Liability. 15 of 18 Organisations owned and run by the government. Public Sector. 16 of 18 Incorporated & Unincorporated Organisations. Private Sector. 17 of 18 A registered not-for-profit organisation with the main aim of raising money for a specific cause or purpose. Charity 18 of 18
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