1.1.1 The Dynamic Nature of Business Flashcards
1
Q
how do new businesses come about
A
original idea, adapt existing idea
2
Q
what is a consumer
A
somone who buys or uses goods or services
3
Q
what is competitive advantage
A
a feature of a business that helps it to succeed against rivals
4
Q
why do new business ideas come about
A
changes in technology, change in what consumers want
