Business and its Environment

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  • Created by: Lynkp
  • Created on: 17-04-13 10:31
Added Value
The difference between the cost of purchaisng raw materials and the price the finished goods are sold for
1 of 5
Entrepreneur
someone who takes the financial risk of starting and managing a new venture
2 of 5
Social Enterprise
a business with mainly social objectives that reinvests most of its profit into benefiting society rather than maximizing returns to owner's
3 of 5
Triple bottom line
the three objectives of social enterprises: economic , social and enivronmental
4 of 5
Factors of production
Capital, Land labour and entrepreneur
5 of 5

Other cards in this set

Card 2

Front

someone who takes the financial risk of starting and managing a new venture

Back

Entrepreneur

Card 3

Front

a business with mainly social objectives that reinvests most of its profit into benefiting society rather than maximizing returns to owner's

Back

Preview of the back of card 3

Card 4

Front

the three objectives of social enterprises: economic , social and enivronmental

Back

Preview of the back of card 4

Card 5

Front

Capital, Land labour and entrepreneur

Back

Preview of the back of card 5

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