Please enable JavaScript.
Coggle requires JavaScript to display documents.
what i still don't know in business studies (Legal Structures (Private…
what i still don't know in business studies
Globalisation
Globalisation- The process of which the world's economies have become increasingly integrated and interdependent
Legal Structures
Private limited companies(LTD)
Members own the part of the business that they invested.
Public limited companies(PLC)
Can put shares on the stock exchange
Limited Liability- Owners are not personally responsible for debt so personal assets cannot be accessed.
Legislation
Trade Descriptions Act
Employment Law
Maintaining Quality
Inspection Costs
Paying a fee when your business gets inspected to ensure safety and quality is as told to the public
The Provision Of Services
The act of performing a task for a business or person that wants or requires it in exchange for acceptable compensation
Financial Motivation
Commission
Profit Sharing
Calculations
Calculating Market Share
Your Unit Sales/All Market Sales
Calculate the ARR for different investment projects
Total Net Profit/Number Of Years
Divided by the initial Cost
Definitions
Integrated Market Mix
Product Differentiation
Statements
Income Statement
Main Components
Statement Of Financial Position
Difference between assets and liabilities