1.1,1.2,1.3 Flashcards
1
Q
What is an enterprise
A
a business or company
2
Q
Three purposes of business activity
A
cashflow, profit, visibility
3
Q
USP
A
Unique selling point
4
Q
Why do new business ideas come about
A
Gaps in market, change in age population and unsatisfied customer needs
5
Q
Market
A
A specific area of business
6
Q
Primary market research
A
Study for the benefit of your business that you conduct yourself
