1C Sources Of Business Opportunity : Part 2 Flashcards
1
Q
Market share
A
The Proportion of sales a business makes in their industry.
2
Q
Global Markets
A
areas across the world in which businesses trade goods and services.
3
Q
Reasearch and development
A
activity direceted towards discovering, creating anf introducing new products and prosses.
4
Q
technoligical developments
A
The innovation abd invention of tools that solve problems and enhence processes.
5
Q
Globalisation
A
increased trade, commuication and travel movement between countries due to decresed trade barriers.
6
Q
sources of Business opportunity
A
Global markets
Rearch and development
technolgical development
