what is a business Flashcards

1
Q

why does a business exist

A

A business exits to meet A costumer’s wants a needs

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1
Q

what reward will the business have

A

a business will have a financial rearward

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2
Q

what are the 2 different goals of a business

A

Business exits for non profit to help others or a finance goal

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3
Q

what is a want

A

a Want is a luxury item such as a watch you can live with out it

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4
Q

what is a need

A

a Need is something you can’t survive with out such as water

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5
Q

whats is a company’s main revenue

A

a company’s main revenue is its product sales it can be a good or service good (car) or a service (hair cut)

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