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BTEC Business Unit 1 - exploring business key terms [Graded A+]
- Exam (elaborations) • 5 pages • 2023
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Economy - Answers-The state of a country of goods and services. 
 
Partnership - Answers-Comprising two or more people who set up in business together and share all profits and losses. 
 
Liability - Answers-An obligation of a company, or amounts owed to leaders and suppliers. 
 
FTSE - Answers-The financial times stock exchange 
 
Revenue - Answers-The income received by a business for selling its products and services. 
 
Market forces - Answers-Factors created by the economy for the demand an...
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BTEC Business Unit 1 - exploring business key terms
- Exam (elaborations) • 5 pages • 2023
-
- $12.49
- + learn more
Economy - correct answer The state of a country of goods and services. 
 
Partnership - correct answer Comprising two or more people who set up in business together and share all profits and losses. 
 
Liability - correct answer An obligation of a company, or amounts owed to leaders and suppliers. 
 
FTSE - correct answer The financial times stock exchange 
 
Revenue - correct answer The income received by a business for selling its products and services. 
 
Market forces - correct answer ...
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