business in context Flashcards
1
Q
what is a business?
A
an organised effort to produce goods and services to meet the needs of society
2
Q
what are the different types of business in context?
A
the strategic context
the organisational context
the environmental context
3
Q
how can organisations be classified as?
A
for profit
not for profit
charities
clubs
cooperatives/ social enterprises
public sector
