Business flash cards

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Primary sector
Businesses involved in collecting natural resources or using the land.
1 of 10
Secondary sector
Businesses that turn natural resources in to goods.
2 of 10
Tertiary sector
Businesses that provide a service.
3 of 10
Social enterprise
A business that achieves a reward, for society. (Can be in any of the sectors.)
4 of 10
Entrepreneur
Sets up a business in hope to make a profit. They risk losing the money they put into the business and not being succesful.
5 of 10
Mission Statement
a statement of the basic principals of the business. The reason it exists and what it is trying to achieve- its mission.
6 of 10
Business aim
is a stated target for the future.
7 of 10
Business objective
is a clearly defined target for a business to achieve over a period of time.
8 of 10
Stake holder
a group of people that have an influence on a business or who are affected by a business.
9 of 10
A gap in the market
a new idea or add something different to a product. To fit a certain place in the market (something new.)
10 of 10

Other cards in this set

Card 2

Front

Businesses that turn natural resources in to goods.

Back

Secondary sector

Card 3

Front

Businesses that provide a service.

Back

Preview of the back of card 3

Card 4

Front

A business that achieves a reward, for society. (Can be in any of the sectors.)

Back

Preview of the back of card 4

Card 5

Front

Sets up a business in hope to make a profit. They risk losing the money they put into the business and not being succesful.

Back

Preview of the back of card 5
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