sources of business

 

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  • Created by: katie
  • Created on: 05-01-11 10:01

Opportunities exist where indidividuals want a particualr product or service that is

not yet available

In short supply

better quality

cheaper

Key Terms

Wholesalers – businesses that take stocks of products from a number of suppliers and sell them on to other businesses, such as retailers

Retailers – shops (and now also websites) that sell products direct to customers or consumers

Market Research – the process of gathering information about customers, competitors and market trends.

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