Kira says: xoxo <3

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Wednesday, August 22, 2007

ECONOMICS – business unit
22o8o7.11.40am

Business unit is an organization carrying out some productive activity resulting in the creation of goods and services to satisfy human wants.

Function of business unit
1. identification on consumer wants
2. organization of production
3. Allocation of revenue – e.g. Allocation of money gives to employees, money share with

4. shareholders. More for finance side.
5. Real capital investments. – buy machines[invest in machines], employees

Types of business unit (research on this)
1. sole trader or sole proprietorship
2. partnership
3. private limited company
4. public limited company
5. co-operatives (co-ops)
6. multinational companies [MNCs]

Shares
share is a piece of paper which shows a person has a share in the ownership of a company

Type of shares:
1. ordinary
2. preferences

PARTNERSHIP
1. characteristics
2. advantages
3. disadvantages
4. examples

Stock exchange
1. what is stock exchange
2. key terms of stock exchange
3. reasons for buying shares
4. Calculating yield.
5. reasons for fluctuation in share prices

http://en.wikipedia.org/wiki/Partnership
http://www.bizadvisor.com/pshp.htm