Business unit 1

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  • Created by: RxwanDT4R
  • Created on: 29-04-22 19:47
A formal summary of the aims and values of a company, organization or individual
Missionstatement
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The tasks and activities a business must accomplish in order to satisfy its corporate aims
Corporateobjectives
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The long term goals of a business
Corporateaims
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What businesses provide
Goodsandservices
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Services cannot be touched, what's the key term
Intangible
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Goods can be touched, what's the key term
Tangible
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The process where a business converts inputs into outputs/finished goods
Transformationprocess
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A sector of business where raw materials are extracted
Primarysector
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A sector of business where raw materials get manufactured into good
Secondarysector
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A sector of business that provides services
Tertiarysector
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What is B2C?
Businesstoconsumer
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What is B2B?
Businesstobusiness
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Other cards in this set

Card 2

Front

The tasks and activities a business must accomplish in order to satisfy its corporate aims

Back

Corporateobjectives

Card 3

Front

The long term goals of a business

Back

Preview of the front of card 3

Card 4

Front

What businesses provide

Back

Preview of the front of card 4

Card 5

Front

Services cannot be touched, what's the key term

Back

Preview of the front of card 5
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