business organisation pt 1

?
products/good
things for sale or use
1 of 12
service
doing work for someone and getting paid for it
2 of 12
social enterprise
an organization that applies strategies to improve human and environmental well-being
3 of 12
gap in the market
an opportunity to produce something that is not yet available but that people would like to have
4 of 12
marketing map
way of finding a gap in the market
5 of 12
market niche
a small market
6 of 12
franchisee
an individual or company that holds a franchise for the sale of goods or the operation of a service
7 of 12
independent business
a business that is free from outside control.
8 of 12
aim
long term target usually 5+ years
9 of 12
objective
short term target usually 1-5 years
10 of 12
survival
not going into debt
11 of 12
profit
revenue-total cost
12 of 12

Other cards in this set

Card 2

Front

doing work for someone and getting paid for it

Back

service

Card 3

Front

an organization that applies strategies to improve human and environmental well-being

Back

Preview of the back of card 3

Card 4

Front

an opportunity to produce something that is not yet available but that people would like to have

Back

Preview of the back of card 4

Card 5

Front

way of finding a gap in the market

Back

Preview of the back of card 5
View more cards

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