The Role of Business Enterprise Flashcards
1
Q
What do business do
A
-Produce Goods and Services
-Meet the needs of Customers
-They also Add Value
2
Q
How do Business add value
A
-loyal-Brand
Unique selling point (USP)
-Quality
-Designing
-and Convenience
3
Q
What do entrepreneurs (the person running the business)
A
-Take Risks
-Make Business Decision
-Organise resources