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3 cards from this section. Quick, good the night before a test.
Define capital investment.
Think about money used for equipment and buildings.
What does the number of employees indicate?
More employees usually mean larger operations.
What term refers to the total money invested in business assets?
Think of what you need to start the business.
True or False: The number of employees is a measure of business size.
More employees usually mean bigger operations.
Suppose a small manufacturer invests in new machinery to increase output significantly. Analyze how this decision affects its classification as a medium or large enterprise.
Consider both capital and operational aspects.
Discuss how a business's turnover can influence its decisions on expansion, including both risks and benefits.
Think about financial growth versus operational management.
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