Business studies chapter 5 keywords

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  • Created by: Anusha5
  • Created on: 23-02-16 16:08
Objective
A statement of a specific target to be achieved.
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Market share
The total revenue of a business expressed as a percentage of the total market revenue..
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Corporate social responsibility
Business taking responsibility of the social and environmental impacts of its activities as a result of pressure groups.
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Pressure groups
Groups of like minded people who put pressure on businesses to take responsibility for their actions.
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Social enterprise
A company whose aim is to create a better society rather than earning a profit. All profits are reinvested into the business.
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Stakeholders
The groups that are affected by a business's actions and decisions and so has an interest in them.
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Other cards in this set

Card 2

Front

The total revenue of a business expressed as a percentage of the total market revenue..

Back

Market share

Card 3

Front

Business taking responsibility of the social and environmental impacts of its activities as a result of pressure groups.

Back

Preview of the back of card 3

Card 4

Front

Groups of like minded people who put pressure on businesses to take responsibility for their actions.

Back

Preview of the back of card 4

Card 5

Front

A company whose aim is to create a better society rather than earning a profit. All profits are reinvested into the business.

Back

Preview of the back of card 5
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