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  • Created by: Taybah H
  • Created on: 13-05-15 20:02
entreprenuer
someone who starts their own business
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motive
the reason to do something
2 of 18
added value
an amount added to the value of a product
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target market
people that will be interested in buying your product
4 of 18
primary market research
raw data, gathered from the source
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secondary market research
relies on info already gathered
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aims
a specific goal
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objectives
a specific result that someone aims to achieve within a time frame
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function
an action performed by a device, department or person, that produces a result. remains more or less fixed
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raw materials
baisc materials needed to make a product
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division of labour
dividing the work into tasks for staff to complete
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profit
the remaining amount of money after you take away the costs from the total revenue
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formal communication
professional (no slang)
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informal communication
casual, used in personal convos w/ friends/family
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open communication
staff are allowed to find out everything they want to know about their organisation
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closed
statements that prevents/makes difficult any possibility of dialogue or discussion
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internal
sharing info within an organisation for business purposes. takes place within a company
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external
sharing info between a business and a person
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Other cards in this set

Card 2

Front

motive

Back

the reason to do something

Card 3

Front

added value

Back

Preview of the front of card 3

Card 4

Front

target market

Back

Preview of the front of card 4

Card 5

Front

primary market research

Back

Preview of the front of card 5
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