Key Terms Flashcards

1
Q

Aims and objectives

A

A business aim is the overall target or goal of the business, whereas business objectives are the steps a business needs to take to meet is overall aims

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2
Q

Contactless payments

A

A secure way for customers to purchase products or services using debit, credit or smart card

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3
Q

Government legislation

A

Laws made by the government

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4
Q

Manufacturing

A

Industries that make things

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5
Q

Market conditions

A

A set of variables that dictates how competitive a market is for businesses

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