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

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2
Q

How do Business add value

A

-loyal-Brand
Unique selling point (USP)
-Quality
-Designing
-and Convenience

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3
Q

What do entrepreneurs (the person running the business)

A

-Take Risks
-Make Business Decision
-Organise resources

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