Unit 1: Business Structure Flashcards Preview

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Flashcards in Unit 1: Business Structure Deck (3)
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1

 

 

 

State 5 main aims of a business.

 

1. Profit

2. Provide excellent customer service

3. To have a great image and reputation 

4. To develop new products

5. To offer a diverse range of good and services

2

 

 

 

What is the difference between a private enterprise and public enterprise business.

 

 

Private enterprise - Private enterpirse is businesses owned and controlled by private individuals.

Public enterprise - businesses owned and controlled by the government.

3