Introduction to business Flashcards
1
Q
Accounting and finance
A
the process of prioritizing and employing business practice designed to achieve maximum efficiency
2
Q
marketing
A
promotion, selling, pricing , financing, distributing
3
Q
primary sector
A
activities undertaken by directly using natural recourses only 1% of uk economy
mining
fishing
farming
foresting
4
Q
Secondary sector
A
converting natural resources into finished goods 19% of the economy
manufacturing
assembly plants
goods can be finished or unfinished
5
Q
tertiary sector
A
provision of services 80% of economy
financial services
transport
leisure services
