Front

Types of Businesses: Sole Traders

Back

Owned and operated by one person, responsible for all aspects of the business.

Front

Types of Businesses: Partnership

Back

A business structure involving 2-20 people who run a business together.

Front

Types of Businesses: Private Limited Companies

Back

A business with 2-50 shareholders, whose stocks cannot be bought or exchanged on the stock market.

Front

Types of Businesses: Public Listed Companies

Back

A business without a minimum of shareholders, whose shares are freely traded on the stock exchange.

Front

Types of Businesses: Social Enterprises

Back

Private sector business that distributes profits to benefit the community or social need.

Front

Types of Businesses: Government Business Enterprises

Back

A business that is government-owned and operates in the public sector.

Front

Stakeholder Conflict: Employees & Shareholders

Back

Employees want fair wages, reducing business profit and dividends shareholders receive.

Front

Stakeholder Conflict: Management & Customers

Back

Management wants to make a larger profit, leading to high prices and upset customers.

Front

Stakeholder Conflict: Suppliers & Community

Back

Suppliers may use unethical practices to keep prices down, upsetting community members.

Front

Management Skills: Communication

Back

The ability to transfer information from a sender to receiver, and listen to feedback.