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Question
Answer
industry groups
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primary, secondary, service industries
private sector
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SMEs
public sector
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SOEs
business owned by one person
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a sole trader (self-employed/freelancer)
two or more people run the business toghether
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a partnership
personally responsible for any debts (in sole trader)
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unlimited liability
the business with legal destinction between the company and owners
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a limited liability company
set up in business using the company brand
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a franchise
corporation owned by shareholders
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a public limited company
the company increases, but stayes as a private company, run by orginal founders
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internal growth stay private
company moves to being corporation with a stock market listing
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Internal growth IPO
IPO
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initial public offering, issuing shares for the first time, to float a company
orginal company absorbed to much larger company
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internal growth trade sale
two established companies join to form one
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merger
one established company buys another
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acquisition (takeover)
wymagać wypełnienia obowiazku
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hold someone to account
posiadać akcje
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hold shares
buy
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to purchase
przedsięwzięcie
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venture
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