Business Studies Glossary

Putting a plan to action

• Archiving

• Adaptability

• Compensation

• Activating

Showing a lack of concern for the wishes of opinions of others

• authoritarian

• autocratic

• democraticl

• laissez faire

Government owned businesses

• Parastatals

• SOEs

• Public companies

• Partnerships

Method used to evaluate the effect of the different aspects of the macro environment on business.

• Porters

• PESTLE

• SMART

• Objectives

Money provided by a funder without charging interest

• Debt financing

• Equity

• Shares

• Entrepreneurship

The desire to promote the welfare of others

• CSR

• CSI

• Philanthropy

• Justice

Receives rent as remuneration

• Estate agents

• Stock brokers

• Land

• Natural Resources

Personal responsibility for all of the business incurred debts

• Unlimited liability

• Limited Liability

• Capital

• Loss

Short-term needs that can vary according to the productivity and output, for instance, wages.

• Working capital

• Operating capital

• Short-term debt

• Borrowings

Legal protection of original literary works.

• Copyright

• Patent

• Trademark

• None of the above