GCSE Business Studies

Front

How many people can be in a partnership?

Back

2-20

Front

What is unlimited liability?

Back

Personal possessions CAN be taken to repay a debt.

Front

What is a sole trader?

Back

One person who owns and runs a business

Front

What does PLC stand for?

Back

Public Limited Company

Front

What does LTD stand for?

Back

Private Limited Company

Front

What happens in the primary sector?

Back

Raw materials are sourced.

Front

What happens in the secondary sector?

Back

Products are made

Front

What happens in the tertiary sector?

Back

Products/services provided to customers

Front

Which sector would a FARMER be part of? Options: Primary, Secondary, Tertiary

Back

Primary

Front

What sector would a SCHOOL be part of? Options: Primary, Secondary, Tertiary

Back

Tertiary