Term
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Definition
| A business that has its ownership and production based in one country and exports its products to other countries |
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Definition
| A business that operates in many countries. Its good or services are produced and sold in a number of countries |
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Definition
| acquisition of raw materials; natural resources |
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Definition
| uses raw materials as well as labour and capital equipment to create finished products |
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Definition
| provides a service; ie. teacher |
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Definition
| a tertiary sector business that provides informational services |
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Definition
| a tertiary sector business that provides a service traditionally performed in a home; ie. restaurants |
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Term
| Legal Structure of a Business |
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Definition
| how the ownership of the business is registered |
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Term
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Definition
| an unincorporated business with one owner |
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Definition
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Definition
| the owner/s are liable for business' debt |
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Term
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Definition
| the owners' financial claim on the assets of a business |
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Term
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Definition
| an unincorporated business with more than one owner |
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Term
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Definition
| A business with limited liability that has between 1 and 50 owners |
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Term
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Definition
| owners of a company that provide the capital and allow the company to operate |
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Term
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Definition
| shareholders are not liable for debt of a business |
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Term
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Definition
| A business that is listen on the ASX and has ownership open to all members of the public. They have limited liability |
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Term
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Definition
| income earned from owning shared in a company |
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Term
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Definition
| A document that describes the nature of the business, its financial performance and possible risks |
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