Business Studies, Topic 1.1.1 - The dynamic nature of business

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A _______ is anything capable of satisfying customer needs.
product
1 of 6
Physical products are ________.
tangible
2 of 6
A _______ is an act that a business person carries out for you in exchange for money.
service
3 of 6
A service is __________.
intangible
4 of 6
Since the invention of the ________ in 1990, businesses have found a new cheaper way to reach the consumer.
internet
5 of 6
Small businesses are now able to set up and sell virtually anything ______.
online
6 of 6

Other cards in this set

Card 2

Front

Physical products are ________.

Back

tangible

Card 3

Front

A _______ is an act that a business person carries out for you in exchange for money.

Back

Preview of the front of card 3

Card 4

Front

A service is __________.

Back

Preview of the front of card 4

Card 5

Front

Since the invention of the ________ in 1990, businesses have found a new cheaper way to reach the consumer.

Back

Preview of the front of card 5
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