1
This term describes any person, group of people or other organisation that has an interest in the activities of a business
2
Two or more people set up a business together and share all profits and losses
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Responsibility for paying the debts of the business
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The sector of the economy that manufactures goods from raw materials
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This sector includes retail, distribution, travel and tourism and education
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Income received from the business for its trading activities
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This sector of the economy is owned by individuals or shareholders
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This model helps analyse the external business environment
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The sector of the economy that provides raw materials
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This sector of the economy is owned by local or national government
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This business has between 50 and 249 employees
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This business has over 250 employees
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This term describes the range covered by the business
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This term describes a smaller market segment with specialised wants and needs
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This business has 9 employees or less
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This business has between 10 and 49 employees
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Objectives should be this
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This model helps analyse the internal and external environment of the business
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This term describes how the business differentiates its offer from its competitors
20
This is an abbreviation for a term that describes businesses of up to 249 employees