1.1 The Purpose Of A Bussiness Flashcards
1
Q
What is bussiness?
A
Bussiness is an organization that produces or suplies a product or service
2
Q
What is a service?
A
A serrvice is an intangible item ( that you cannot physically touch)
3
Q
What is good?
A
A phyiscal product e.g Car
4
Q
What is a costumer?
A
A customer is someone who buys the product
5
Q
Waht are consumers?
A
Someone who uses goods and services producedd by bussiness
6
Q
Intangable?
A
Someone you physically can’t hold
7
Q
Tangable?
A
Something you can physically hold
8
Q
Enterprenur?
A
Someone who takes a risk making a bussiness
9
Q
Social enterprise?
A
Is is a organziation that doesn’t want profit froma person or group.
10
Q
Service?
A
Someone who gives a intangable product.
