1.1 Business In The Real Word Flashcards
1
Q
Goods
A
A good is a physical products e.g. a car
2
Q
Service
A
A service is a intangible product something you cant touch e.g. financial advice
3
Q
Business
A
A organisation that provides a good or supplies a service
4
Q
Customer
A
A customer is someone who buys a product
5
Q
A consumer
A
A consumer is someone who uses a service provided by a business
6
Q
Entrepreneur
A
Someone whos willing to take the risk to start a business
7
Q
Social enterprise
A
A social enterprise is a business that is set up to help society rather than making profits
