Business Studies

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Goods
Products which are often made or assembled far from the customer.
1 of 10
Services
Provided directly to the customer. The business is in regular contact with a customer.
2 of 10
Mind Mapping
A process which allows you to brainstorm and structure your ideas on paper.
3 of 10
Qualities of an Entrepreneur
Dedication, honesty, leadership, commitment, drive, passion, persuasive, understand numbers, build relationships, risk taker.
4 of 10
Copyright
Applies to written work, occurs automatically and lasts a lifetime. Affects publishing, music, computing and the internet.
5 of 10
Quantitative Research
Research which can be expressed as numbers and statistically analysed.
6 of 10
Qualitative Research
Research which gains in-depth and detailed answers and opinions.
7 of 10
Premium Price
Charging a higher price, gives the image of quality.
8 of 10
Differentiation
Making a product different from others in some way - name, quality, design, packaging, customer service.
9 of 10
Marketing Mix
Also known as the 4P's which are; product, price, place, promotion.
10 of 10

Other cards in this set

Card 2

Front

Provided directly to the customer. The business is in regular contact with a customer.

Back

Services

Card 3

Front

A process which allows you to brainstorm and structure your ideas on paper.

Back

Preview of the back of card 3

Card 4

Front

Dedication, honesty, leadership, commitment, drive, passion, persuasive, understand numbers, build relationships, risk taker.

Back

Preview of the back of card 4

Card 5

Front

Applies to written work, occurs automatically and lasts a lifetime. Affects publishing, music, computing and the internet.

Back

Preview of the back of card 5
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