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8 Cards in this Set

  • Front
  • Back

Entrepeneur

Someone who has a business idea and develops it. He/she must take risks

Aim

Something you wish to accomplish

Objectives

Targets in order to meet your aims

Stakeholder

An individual or group of people who have an interest in how the business is run. They are said to have a "stake" in the business

Internal Stakeholder

People who work in a business

External Stakeholder

People who don't work in a business

Sole owners/sole traders

A person who individually owns a business with unlimited liability and who makes all the decisions and profit

Partnership

A business owned by 2-20 people who share profit and have unlimited liability