Business & Entrepreneurship Education – Grade 9
Worksheet 1.2
Student Name............................
BEE- UNIT 1
Term
Definition/ Description
1. Company
A
A business organization which is
owned and run jointly by its members,
who share the profits and benefits.
2. Companies’ Act
B
A business that raises capital by issuing
shares to members of the general
public. It is usually larger than a private
limited company
3. Cooperative
C
An incorporated business organization
which is owned by its shareholders
4. Private Limited Company
D
An enterprise that has a license from a
franchisor to sell its products or
services
5. Stakeholders
E
An enterprise which provides goods
and /or services to consumers, usually
with the aim of marking profits
6. Shareholder
F
People, groups or organisations that
take interest in activities and decisions
taken by a business.
7. Business Organisation
G
An official document stating the
number of shares that a shareholder
has in the company
8. Franchise
H
A legal document that outlines the
laws and regulations to set up a
company
9. Public Limited Company
I
The one who invests in a company by
buying its shares.
10. Share Certificate
J
Business that raises capital from a
small number of shareholders such as
friends and / or relatives
Answer