Business Studies

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  • Created by: IJM22
  • Created on: 13-08-18 10:28
Someone who starts off a business and takes risks
Entrepreneur
1 of 15
Provided by the company
Service
2 of 15
Something a customer desires
Want
3 of 15
A physical product that is sold by the business and bought by the customer
Good
4 of 15
Money made from sales
Revenue
5 of 15
Where the business is aiming the product at e.g. Students
Target market
6 of 15
Data involving numbers and statistics.
Quantitative data
7 of 15
Data involving opinions and attitudes.
Qualitative data
8 of 15
Research that doesn't exist
Primary research
9 of 15
Research that already exists
Secondary research
10 of 15
An indivudal or group who is affected by or interested in the activities of a business
Stakeholder
11 of 15
Group that represents employees
Trade union
12 of 15
Diagram that shows all the products in the Market. It shows a gap in the market
Market Map
13 of 15
Very small, specialised market
Niche market
14 of 15
An organisation that produces either goods or services, mostly for profit
Social enterprise
15 of 15

Other cards in this set

Card 2

Front

Provided by the company

Back

Service

Card 3

Front

Something a customer desires

Back

Preview of the front of card 3

Card 4

Front

A physical product that is sold by the business and bought by the customer

Back

Preview of the front of card 4

Card 5

Front

Money made from sales

Back

Preview of the front of card 5
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