| A | B |
| limited Liability | investors can only lose invested money |
| Stakeholders | individuals or groups with interest in business |
| Aims | the overall long-term goal of business |
| Tertiray Sector | service sector e.g Banking |
| Private Limited Company | owned by shareholders but not floated |
| Consumer Durables | goods bought by final user and long lasting |
| Obsjectives | These have to be SMART |
| Business Plan | covers aims, incomes and research |
| Private sector | owned by private individuals |
| Sole trader | Owner also manages business |