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JOB's Stack
Business Stack
The 3 Mongos | Whelo and the Chipmunks |
---|---|
Definition of a Business: | Any organisation set up to provide goods and services. |
Definition of a Non-Commercial Business | Exist to meet some needs other needs other than making a profit. |
Definition of a Commercial Business: | Provide goods and services to make a profit for the owners. |
Who are Public Sector Businesses owned by? | The State. |
Who are Private Sector Businesses owned by? | Private Individuals. |
Who are entrepreneurs? | People who take the initiative to turn an idea into a business |
Who are Investors? | The people who provide a business with the finance it needs. |