Business revision cards 0.0 / 5 ? Business & Communication SystemsBusinessGCSEAQA Created by: CameronMatthewsCreated on: 07-01-19 12:18 Value can be added to a product by.... Branding, convenience, quality and design and USP,s 1 of 25 Adding value is the.... increase in a products value as a result in the business producing the product. 2 of 25 A stakeholder is.... anyone who has an interest in the activities of the business. 3 of 25 A ethic is... moral principles or standards that guide the behavior of a person or business. 4 of 25 Business enterprise is.... activities undertaken by entrepreneurs either by expanding or setting up a business. 5 of 25 How to work out a percentage.... Out of 100 (?/100) 6 of 25 E-commerce.... using the internet to carry out business transactions. 7 of 25 M-commerce.... using mobile technologies, such as smartphones and tablets, to carry out business transactions. 8 of 25 Social Media.... websites that allow users to interact with other users, by sharing text-based messages, pictures or links to online content. 9 of 25 Data.... information, particularly statistics, that can be collected and analysed. 10 of 25 Demographic.... relating to the population, such as average age, average income etc. 11 of 25 Enterprise.... entrepreneurial activity 12 of 25 Entrepreneur.... someone who creates a business, taking on financial risks with an aim of making a profit from the business. 13 of 25 Consumer.... someone who buys and uses goods and services. 14 of 25 Obsolete.... out of date or not used anymore. 15 of 25 Economy.... the system by which a country's money and goods are produced and used 16 of 25 Segmentation.... the process of breaking things to smaller parts. 17 of 25 Axes.... the reference lines on a graph. 18 of 25 Viable.... able to work successfully. 19 of 25 Market research.... the process of gathering information about the market and customer needs. 20 of 25 Focus group.... a group of people who discuss their views on a product, service, advertisement or idea. 21 of 25 Target market.... a particular group of consumers at which a business aims its products and services. 22 of 25 Sample.... a portion of the population asked for an opinion. 23 of 25 Generation Y.... the people born shortly before the 21st century. 24 of 25 Biased.... unbalanced or inclined to agree with a particular judgement. 25 of 25
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