1.1 Business In The Real World Flashcards
1
Q
Goods
A
Product
2
Q
Service
A
The action of helping or doing work for someone
3
Q
Business
A
Organisation that provides a good or a service
4
Q
Consumer
A
A person that uses the good
5
Q
Customer
A
The person that buys the product
6
Q
Entrepreneur
A
A buisness man or someone that is starting a business
7
Q
Social entreprise
A
A business set up to help society rather than to make profit
8
Q
Company
A
A commercial business
9
Q
Stock exchange
A
market in which securities are bought and sold
10
Q
Deed of partnership
A
an association of two or more people as partners
11
Q
Sole trader
A
Person who runs there own business
