Pre-released statement: Key terms Flashcards
Paper 1
Avatar
An icon or figure representing your ideal customer/client. A business may have multiple avatars representing several target demographics
Pressure group
A group of individuals with a common concern (like environmental protection) who seek to place demands on organisations to act in a particular way or to influence a change in their behaviour
Biodegradable
A material used in the production of a good that can be broken down naturally within the environment and is therefore environmentally friendly
Chain (of a business)
A group of stores (two or more) which possess the same brand name, adhere to the same corporate policies, sell the same products and are owned by the same parent company
Recycling
The process of turning used materials into new products
Social media influencer
A user on social media with a large following, who has established credibility in a specific industry