Business studies (1 Viewer)

[Selfstudy]

Help with business studies prelim?
Have an exams coming up in two and a half weeks
I did some notes but need help understanding concepts

 

[BandSixFix]

What do you need help withhhh

 

[Selfstudy]

the legal structure of the business and definitions (I can memorise them but how can I understand them, that's the problem then cause I can't put it in the context in the exam question....)

 

[BandSixFix]

Well... Try looking at past answers for exams? Or maybe try answering some questions and asking your teacher too mark them/ give feedback?
But is there anything specific that you need help with? I can try help you with that.

 

[Zoinked]

Sole trader- when one person is the sole owner of a business. unincorporated.
Partnership- unincorporated. Between 2-20 partners in the business.
Private Company- Incorporated. Between 2-50 private shareholders. Limited liability. PTY LTD
Public- Shares available on stock exchange. Limited liability. LTD

 

[mehlers]

Also take a look at your textbook! I had an exam and the textbook just had all of the info. It's just about condensing the stuff... ALSO: listen to your teacher during class in the future! The subject can be totally dry but I find that if I listen anyway I retain most of it.