the role of business enterprise Flashcards
1
Q
What is a business or enterprise?
A
It is a person or organisation with the purpose of producing goods and services to meet the needs of customers
2
Q
What is the purpose of all products and services?
A
To meet the needs of customers, often in order to make a profit.
3
Q
What are some ways to add value?
A
more convenience
unique selling point
greater speed of service
branding
improved quality
better design
