yêu thúi của tùng

Businesses that extract and use natural resources to produce raw materials.

• primary sector

• secondary sector

• sole trader

• division of labour

limited liability

• The liability of owners/shareholders is limited to the amount invested. Personal posessions are not at risk.

• Non-tangible products that are sold to the general public and include hotel accommodation, insurance services and train journeys

• People and business concentrate on what they are best at.

• A good or service essential for living.

consumer services

• Businesses that provide services to consumers and other firms.

• Non-tangible products that are sold to the general public and include hotel accommodation, insurance services and train journeys

• A good or service essential for living.

• The liability of owners/shareholders is limited to the amount invested. Personal posessions are not at risk.

A Need

• 
  A good or service essential for living.

• Non-tangible products that are sold to the general public and include hotel accommodation, insurance services and train journeys

• People and business concentrate on what they are best at.

• Businesses that provide services to consumers and other firms.

Specialisation

• People and business concentrate on what they are best at.

• A good or service essential for living.

• Non-tangible products that are sold to the general public and include hotel accommodation, insurance services and train journeys

• This has both private sector businesses and public sector businesses.

Tertiary sector

• People and business concentrate on what they are best at.

• businesses owned by goverment/state.

• This has both private sector businesses and public sector businesses.

• The business is owned by one person.

Businesses that provide services to consumers and other firms.

• Tertiary sector

• soletrader

• partnership

• individual

Mixed Economics

• People and business concentrate on what they are best at.

• Businesses that provide services to consumers and other firms.

• This has both private sector businesses and public sector businesses.

• A good or service essential for living.

Incorporated business

• A business with seperate legal identity from its owners.

• A business without seperate legal identity from its owners.

• 
  A business owned by shareholders but it can sell shares to the public and its shares are tradable on Stock Exchange

• Payments made to shareholders from profits (after tax) of a company.

  Franchise

  A business that use

Unincorporated business

• Businesses owned by goverment/state.

• Payments made to shareholders from profits (after tax) of a company.

• 
  A business owned by shareholders but it can sell shares to the public and its shares are tradable on Stock Exchange.

• A business without seperate legal identity from its owners.