Sherpa

Existing user?

Business

GCSE · Edexcel

QuestionsFlashcards

2.1 Growing the Business
2.2 Making Marketing Decisions
2.3 Making Operational Decisions
2.4 Making Financial Decisions
- Business Calculations
  6
- Understanding Business Performance
  8
2.5 Making Human Resource Decisions

3.1 The Exam Papers
- Paper 1: Investigating Small Business
  6
- Paper 2: Building a Business
  6
3.2 Business Exam Skills
3.3 Structuring Your Responses

Public Limited Companies (plc) Flashcards

All 6 cards in this deck

What is a public limited company (plc)?: A company whose shares can be bought and sold by the general public on the stock exchange.
Give two advantages of becoming a plc.: Large amounts of capital can be raised from selling shares to the public, and the business gains status/publicity.
Give two disadvantages of becoming a plc.: The original owners may lose control as shares are widely owned, and accounts must be published publicly.
True or false? Shareholders in a plc have unlimited liability.: False. Shareholders have limited liability - they can lose only what they invested.
What is a stock market flotation?: When a company first sells its shares to the public on the stock exchange, becoming a plc.
Why might plc directors face pressure to deliver short-term profits?: Shareholders expect dividends and a rising share price each year.