AQA GCSE Business Studies - Unit 1 Key terms

AQA GCSE Business Studies - Unit 1 Key terms

Assessment

Assessment

Created by

Nguseer Alani

Other

10th - 11th Grade

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72 questions

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1.

Multiple Choice

30 sec

1 pt

Is an owner of a company. Each shareholder owns a share of the business.  The amount of shares owned can indicate the amount of control within the business.  

Customer

Stakeholder

Owner

Shareholder

2.

Multiple Choice

30 sec

1 pt

Is formed when 2 or more people set up in business  together. This can be between 2—20 people.  

Sole Trader

Partnership

Company

Franchise

3.

Multiple Choice

30 sec

1 pt

Is a document that sets out what the business does at  present , plus what it intends to achieve in the future and how this will be accomplished. The plan will include marketing and financial plans.  

Business Outline

Business Aims

Business Objectives

Business Plan

4.

Multiple Choice

30 sec

1 pt

A target that is set for a business to achieve.

Objective

Aim

SMART

PIGS

5.

Multiple Choice

30 sec

1 pt

Is a business that has its own legal identity. It can own items, owe money, sue and be sued.

A Business

A Company

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