Activate your business

The three business models are:-

• 1.For profit

  2.Social funded

  3. 3. Economic

• 1.Profitless

  2.Social enterprise

  3. 3. Engaging

• 1.Social media

  2. 2. Busy

  3. 3.Loaded

• 1.For profit

  2.Not for profit

  3. 3. Social enterprise

What is the first sign your business model is in trouble?

A social challenge that the business may face is:

• exchange rates

• a contagious disease such as Covid 19

• a new president of the country

• a new entrant to the market

For profit means

• To make money

• To help others

• To advertise

• To supply goods

A specific "not for profit" organisation is a

• Commerce

• Charity

• Business

• Company

Commercial business that trade to tackle social problems, improve communities, provide marginalised people to access employment and training or help the environment is called

• A great company

• A social experiment

• A social enterprise

• helpful

A ____________ has one owner with no separation between the owner and business

• A monopoly

• A monocompany

• A single company

• Sole trader

A ______________ is two or more owners are responsible for all aspects of the business.

• Company

• Partnership

• Business

• Sole trader

When the founder is considered a separate legal entity from their business.

• Sole trader

• Company

• Charity

• Establishment

You can invest in a public company through the

• stock exchange

• bank

• TAB

• Casino