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LO1 (Factors affecting ownership (Legal status, Liability, Funding,…
LO1
Factors affecting ownership
Legal status
Liability
Funding
Control/decision making
Legal/administrative
Business objective
Survival
Financial
Growth
Reputation
Enterprise
Legal ownership
Sole trader
Partnership
Limited liability partnership
Private limited company
Sectors of operation
Public
Private
Third
Business activity
Primary/Secondary/Tertiary
Factors of production