business

a taxi is a

• good

• service

• an item

what is meant by the term enterprise

• managing a successful company

• identifying and taking advantage of new business opportunities

• taking risks in business

a big company with share holders is

• public limited company

• private limited company

• partnership

a disadvantage of being a sole trader is

• lots of competition

• labour costs

• unlimited liability

what is the purpose of a mission statement in a business plan

• what personnel the business will need

• outline the broad aims of the company

• explain how much money is needed

consumer rights act was formed in 2010

• true

• false

the health and safety at work act was formed in 1970

• true

• false

the equality act was formed in 2010

• true

• false

the national minimum wage is for 25+ years olds

• true

• false

the national living wage is for 25+ year olds

• true

• false