A | B |
Consumer co-operative | a business owned by customer shareholders and which aims to maximise benefits for its customers |
Worker co-operative | a business organisation owned by its workers who run the business and share the profits between them |
Franchise | the right given by one business to another to sell goods using its name |
Franchisee | a business which agrees to manufacture, distribute or provide a branded product |
Franchisor | the business which gives franchisees the right to sell its product, in return for a fixed sum of money or a royalty payment |
Multinational company | a business which operates in more than one country |
Parent company | a company which owns and controls other companies |
Shareholders | the owners of a company |