ben

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

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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