human respuces Flashcards
(13 cards)
what is human. resources
set of people that look after the employees within a business deals with everything about employees
what do human resources do for feb business
they some times hire people
pay people
deals with everything about employees
employees well being
training stuff
make sure rules are followed
purpose of a business plan
reduce risk of failure
be as successful as possible
what does a business plan do
sets out details of products or service being sold and how it will be financed sets out aims and objectives
what’s a private limited company
sells shares to invited people in to the business
what’s public limited company
can sells share to the public. anyone who wants to buy
advantage of private limited company
shareholders can resit who buys shares
business continues even if shareholders sell their shares ir die
benefit from limited liability
disadvantage of private limited company
public can see information about the business
advantage of public limited company
business conditioners gene if shareholder die
large amounts of money can be raised
owners have benefit of limited liability
disadvantage of public limited company
can see information about the business
anybody can buy shares
mangers are employed to make decisions
what limited liability
owners can only lose money they put into the business
what’s unlimited
the owners of the business can lose its personal persections in the business
what are business aims
make profit
survive
growth
