Partnership - This type of business is similar in nature to a sole trader but is legally owned by two or more people., Large - Only 7,700 UK businesses are classified as being a ______ business based on their size, yet they still account for 40% of the UK’s employment and more than half of the turnover., Internal - Owners, managers, and employees are all classed as what type of stakeholder?, Secondary - Businesses in this sector utilise raw materials and convert them into new products through the manufacturing and assembly process., Cooperative - This type of business is owned and run by its members, Microbusiness - 96% of UK businesses are classed as being a _____________ based on their size., Pressure group - This stakeholder exists to put pressure on businesses to influence their actions in what they deem to be a positive and progressive manner., Debtor - This stakeholder includes the people or organisations which owe the business money from a previous agreement., Local - Businesses which are based either in their own town, city or the vicinity of their geographical area are known as operating on a ____ basis., Written - There is evidence of this type of communication which can help the parties involved to settle any disputes at a later date if necessary.,

Unit 3: Learning Aim A

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