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Business

QuestionAnswer
Stakeholders Has interest over business or company
External Stakeholders Not directly involved with the business but still affected
Internal stakeholders Directly involved with the business
Interest groups Negotiation for other stakeholders about needs
Sole trader Unlimited liability, full control, limited equity capital. But no separate legal identity
Private Limited Company Limited liability, where shareholders have control
Franchises License granted by business to let someone sell their products or services using the businesses’ brand and logo, in return for profits.
Internal Regulation Ensuring a business complies with policies, operates safely and ethically, and effectively manage risks
Private enterprises Owned by individuals or shareholders, can transition from a small business to a multinational
Investors Provide finance or starting funds for new/inexperienced business owners
Suppliers Provide materials, goods, services need to fund a business
Created by: Giga
Popular Business sets

 

 



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