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Enterprises E
JC-Types and forms of enterprises
Question | Answer |
---|---|
Another name for an organisation | Enterprise |
An enterprise that promotes culture and heritage | Cultural enterprise |
A person who owns his/her own business | Sole trader |
A business that provides services to the local community | Social enterprise |
A business formed by people with a common interest | Co-operative |
2 or up to 20 people join together to make a profit | Partnership |
Ability to take on a risky task or venture | Enterprising |
An organisation set up to provide charitable service to people | Not-for-profit organisation |
1 or up to 149 shareholders set up a business with limited liability | Private limited company |
A business is given permission to set up a branch of another person's business | Franchise |
An enterprise whose main objective is to make a profit | Financial enterprise |